It is pretty obvious for me that Xpeng, in absence of positive news will down to the support line 39/40, because it had a way too high speculative up trend. it has lost about 50% of gain now.
Now with all those FOMO trapped, one can only wait till new willing buyers coming in to push it higher, given few want to sell their shares.
Now with all those FOMO trapped, one can only wait till new willing buyers coming in to push it higher, given few want to sell their shares.
Note
55 soon?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.