Xpeng has validated a rising wedge in the recent days. Statically speaking, rising wedges breakdown 70% of the time.
If we continue the uptrend and go above the rising wedge, this bearish scenario is invalidated.
If we continue the uptrend and go above the rising wedge, this bearish scenario is invalidated.
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Disclaimer
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.