Hi everyone. I’ve been looking at XPEV for a while now, and ended up buying lots of shares at $45.4 today. The strategy is that the stock won’t go below the low of today, so my stop loss is at 42. My profit exit is at 51 or higher. I’m not selling below 51, and I have the option to reevaluate if it reaches 51 to hold for longer.
XPEV daily chart below. I plan to hold it for a 2-8 weeks.