In today’s briefing:
- XPeng Inc (9868 HK) – Bullish Technical Triggers Confirm MT Uptrend – Target 25-30% Upswing
XPeng Inc (9868 HK) – Bullish Technical Triggers Confirm MT Uptrend – Target 25-30% Upswing
- At TMA we deliver high probability outcomes by focusing on our 3 pillars of technical analysis. •1) Response to key levels. •2) Price action. •3) Momentum confirmation.
- XPeng Inc (9868 HK) has this week broken above the falling wedge pattern that captured its Dec/Mar correction. The bullish trend breakout in the weekly RSI confirms the uptrend bias.
- Wedge patterns are commonly referred to as “Half Mast” patterns. They typically occur in the middle of trends, making textbook targets easy to calculate. Target 56.10 (+29%) in Q2 2023.
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