Hey guys, we got tough week there huh ?
I am afraid to say that it is not over. Xpeng is very close to support at 29.49 if it do not hold we are likely to see Xpeng at 25.18 or 20.21. Market before earnings is likely to be bearrish than bullish. For example Nio ;). 2 days before earnings sotck fell. So i am thinking that the real uptrend can start only after earning report !
In my opinion it will be a good idea to buy at the end of the downtrend or wait for the uptrend conformation.
Lower it goes cheaper we buy ;).
Comn if u do not agree
I am afraid to say that it is not over. Xpeng is very close to support at 29.49 if it do not hold we are likely to see Xpeng at 25.18 or 20.21. Market before earnings is likely to be bearrish than bullish. For example Nio ;). 2 days before earnings sotck fell. So i am thinking that the real uptrend can start only after earning report !
In my opinion it will be a good idea to buy at the end of the downtrend or wait for the uptrend conformation.
Lower it goes cheaper we buy ;).
Comn if u do not agree