The Long Investor

$XPEV

Added 2023-10-26 15:58:09 +0000 UTC

What I do like about $XPEV is how well it respects EW Theory and how disciplined it behaves on the Fib levels.

The chart has been completely accurate and very neat.

Ideally we wanted $NIO to behave like this......but $XPEV's management have been better, especially getting that VW deal, it has been all the difference I believe.

That being said, I believe $NIO is still a better company but $NIO is a premium maker with better margins and $XPEV is more for the mass market with with weaker margins.

I believe both will do well over the next few years.

$XPEV holding the 0.618 Fib above the blue line is exactly what holders wanted to see, we will keep an eye on this and project its next trajectory when we see more.