$XPEV is up 16% today after joining the Chinese party.
Remarkably after holding on its blue all time low line above $6 and now at $9.50
$XPEV like $NIO is also above its 50 Day MA but will need to break out of this extremely long wedge line, which has been in place since 2020 and its ATH line at $75.
A break above this line at $10 and $XPEV will need to convert this level to a new support line before attempting its 200 Day MA at $13.50.