XPEV 12/4 straddle ideaI honestly don't know what price XPEV will be trading at by December 4th weekly options expiry. This company's price action in November has almost been impossible to get a handle on. With that said, it's price certainly does move. So It is therefore a good candidate for a straddle. I entered a $66straddle12/04 at 10:28am today while IV was lower from sideways movement and share price was at $66. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading 101*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue & Earnings
Debt / Cash
Book value, assets
7 Common mistakes:
+5% portfolio trades
Bad risk management
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
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XPEV trade ideas
Possible 80 usd before 31 december?This stock has been moving without any logic if the fundamentals are taken into consideration. It is way overpriced, but who cares. As for me, I doesn't make sense to judge such stock from the fundamentals but rather we should consider the future possibilities.
If it continues to follow the trend, it will definitely hit 80 USD.
Xpeng The RocketThe electric car productions companies has entered a clear hype. This sector includes companies like, Tesla, NIO inc, Xpeng and others. In this analysis I will be focusing on the trend of Xpeng.
Xpeng has increased its stock value by far mora than 200% - emphasizing a clear hype in the stock.
Though if a buyer would be interested in entering the stock they should consider entering now when it has passed its upper line if resistance.
Disclaimer: i don't own stocks in this company
$XPEV PT 62.65 entry PT 46.80-48 PT 90 and higherXPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. The company's products also include autonomous driving software system. In addition, it engages in the vehicle wholesale and retail activities. The company was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China.
finance.yahoo.com
Long XPeng again towards 60NYSE:XPEV
Tesla jumped $60 after news that it will join S&P500
This caused a huge momentum for the Chinese EV companies, pushing away bearish calls.
I was waiting on the double bottom back at $38 but this would not be happening.
Conditions will be pushed back to overbought later today and the day after following NIO's earnings.
I regretted taking profit early but I entered at $46, a bit high but it is still good.
Since I entered on the high, I will be trailing stop loss once it hits $50.
Notice that more people are valuing XPeng more, with price neck-to-neck with NIO.
This is faster than expected, but as I said before.
XPeng will triumph over NIO, mainly due to the economies of scale from automatic manufacturing.
All in all, Chinese EV is definitely an industry not to miss out.
XPEV 30% breakout!XPEV broke out today, hitting $45 at a 32% breakout. We have been watching this stock since it was around $17, buying in at $19. There will be a profit taking coming up, and if you are not in this stock yet, there is a GAP trade to play that may work out for you.
$33.45 was where the stock closed, before opening well above the closing price, creating a big gap. Because the stock is in price discovery, it will be very volatile, and should be able to return to gap. However, IPOs are unpredictable at best, and we can never be too sure. Wait for reversal to play out, then see if gap trade is still tangible.
BREAKOUT TIGHT BASE AND HIGH VOLUM BUY ABOUT 45.40$Xpeng Earnings
Estimates: Analysts expected a loss of 18 cents per ADS on revenue of $284.6 million.
Results: Xpeng lost an adjusted 32 cents per ADS. Revenue came in at $293.1 million, up 342.5% in local currency terms.
Gross margin was 4.6% vs. -10.1% a year earlier.
Vehicle deliveries, already reported, hit 8,578 in the September-ending quarter, up 266% vs. a year earlier and 166% vs. Q2 2020. Deliveries of the P7 sedan, a rival to the made-in China Tesla Model 3, jumped to 6,210 vs. 325 in Q2. P7 deliveries began at the very end of Q2
1% CAPITAL