This has been nice work by $XPEV, look how Wave 3 in November hit the 1.618 Fib exactly and pulled back for Wave 4....Wave 5 then proceeded exactly up to the 2 Fib at $18.71 and rejected and has moved down now for Wave A.....Can not get anymore textbook than this.
Once Wave C is complete, I expect $XPEV to move higher and this will be into wave 3 of Wave 3, which is a very bullish move.
We will count Wave 3 before Wave C is complete.
Gareth Neary
2023-11-30 20:59:37 +0000 UTCFederico Salerno
2023-11-30 20:57:24 +0000 UTC