$XPEV - RC -
Added 2023-10-09 14:03:13 +0000 UTCGetting hit hard at the opening today, it is possible that the market feels that any price cuts with $TSLA vehicles will have a direct effect on $XPEV, as a like for like to their vehicles.
Either way none of this is a surprise as we already believed it was in Wave C and needs to move down lower to complete this move.
The target for all Wave 2 pull backs is always the 0.618 Fib, the price is at $13.65
Comments
doesn’t this mean nio will come down with it? generally speaking they trade together most of the time
Numan
2023-10-09 21:42:01 +0000 UTC
