1/7/2021 Bought a near full position of XPEV at $45.4 today for a swing trade.

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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.

Published by bigfry

Hi, I’m Nathan. I majored in Finance and minored in Piano Performance at Boston University (graduated in 2020). Outside of trading/investing, I enjoy teaching and playing piano, teaching and playing Go, fishing, and watching anime. I also started my own Boba company while at BU, and am currently working on a company with my twin brother. I'm currently teaching Go full time, which has been the best job I could ever hope for.

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