Xpeng IPO (Valuation): Positive EV Momentum But Priced High

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<a href="https://www.smartkarma.com/entities/xpeng-inc" target="_blank" data-smartkarma-citation="entities:29217:1" rel="noopener">Xpeng (XPEV US)</a> displays weaker bull energy where the 30 support is now under pressure again after a rally that stalled at 38/39, representing fresh resistance. Downgrading to dig for support near 23/20.Rally failure to reach the 45 pivot resistance sets a weaker tone for Xpeng.Trendline resistance if the bull/bear pivot that will control the range.Macro positive is the bull wedge that is forming but does appear to need more time.

Xpeng (XPEV US) displays weaker bull energy where the 30 support is now under pressure again after a rally that stalled at 38/39, representing fresh resistance. Downgrading to dig for support near 23/20.Rally failure to reach the 45 pivot resistance sets a weaker tone for Xpeng.Trendline resistance if the bull/bear pivot that will control the range.Macro positive is the bull wedge that is forming but does appear to need more time.

XPeng

Xpeng Support Downgrade