Another chart like $QCOM and $ONON.
5 perfect waves up, 3 perfect waves down and holding at the 0.618 Fib and starts moving up again.
$XPEV also has their earnings in 2 weeks time on the 15th of November.
They have impressed me today with their delivery numbers and are moving faster than $NIO.....but it must be noted that $XPEV need to sell more EV's than $NIO to generate the same revenue.....this has certainly been lost on many.
That being said, they are increasing their numbers and the market should enjoy this.
They must continue to execute now and need a positive earnings to allow this to move higher.
Gareth Neary
2023-11-01 21:56:17 +0000 UTCDoubleD
2023-11-01 21:55:14 +0000 UTC