CFD Trading – Buy Xpeng Inc. (XPEV.NAS) @ $28.00. Stop @ $23.60 and Target @ $36.55.

Xpeng Inc. Stock Code XPEV.NAS

Outlook

Price broke above the cloud in the previous trading session, changing the chart outlook to bullish. Conversion line and Base line remained in a bullish crossover and is hinting at a bullish price trend ahead. Lagging Span is above price of 26 days ago but is inside the cloud at the moment.  MACD is bullish and is hinting at a bullish price trend. If price can stay above the cloud, it could be heading towards the previous high at $36.59.

Strategy 

$28.00                Buy

$36.55                 Price Target

$23.60               Risk Management Stop

3 weeks              Trade Duration

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