BTS
2024-07-04

$XPeng Inc.(XPEV)$  

$XPENG-W(09868)$  

$NIO Inc.(NIO)$  

<Daily Chart>

Falling Wedge breakout

Share price breaks above the trend resist

Yesterday's breakout with more than 9% increase in share price on increased trading volume

Daily RSI shows divergence

Stock has turned bullish & the share price could rise further to the $8.88~$9.50 range

There is a chance to see a re-test of $10.40 if BUY volume is strong enough

Immediate Resist : $8.88 | $9.50 (about 6% to 14% from current level)

Immediate Support : $7.77 | $7.20

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Comments

  • keke006
    2024-07-04
    keke006
    Great breakout! Bullish momentum shows potential for further upside. [Applaud]
  • LouisLowell
    2024-07-04
    LouisLowell
    Great breakout
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