$XPEV has not declined to its lowest Fib levels yet but it has shown some weakness.
It has lost the 200 Day MA, our blue support line and the 0.618/0.65 Fib in one week.....like I said yesterday under the $LCID chart, a lot of EV growth stocks are hurting right now and $TSLA is no exception either.
$XPEV holders will need to watch for the lower Fib levels to see if support can be found there.....next up is the 0.78 Fib at $10.91
Rene
2024-01-12 14:52:20 +0000 UTC