$XPEV
Added 2024-07-11 20:02:33 +0000 UTCHaving a good day today, in spite of consistent mediocre production numbers over the last few months.
$XPEV dropped news today that they are revealing their new European G6 model shortly in the UK and the market appeared to like this news, so although $TSLA dropped -7%, $XPEV jumped +7% and is outperforming $NIO too
We can see on the chart that $XPEV is now above its 50 Day MA and close to testing its 4 year wedge breakout level, somewhere we would love $NIO to be right now.
A breakout and hold above $9.30 and $XPEV has made a significant bullish move.
