2/8/2021 Sold ODT at 27, XPEV looks like a good longer term trade here, but waiting until Earnings are out.

I sold ODT at 27 today near market close. I bought at 14 in my Roth IRA account in early October last year. The sizing was very small because I didn’t use a stop loss. Although there’s still a decent amount of upside potential (to ~33), the downside risk is a bit too big now – I’d likely end up panic selling if we started a larger pullback.

XPEV has been flattening out, and I think the next move will be up (following the initial uptrend). However, I’d rather not risk a large gap down from earnings, which should happen within a week.

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