Index Rebalance & ETF Flow Recap: NIFTY50, SET50, PCOMP, FTSE GEIS, BBL, KakaoBank, KakaoPay, Xpeng

Xpeng: What Does HK IPO Mean to US Shares?

Xpeng Motors HK Trading - More Hot with Instis that Retail

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

Xpeng has rallied nicely from our buy in level at 23 and met our ideal target at 46, a pullback is now in the cards back to the old pivot support at 31.Trendline resistance was cleared back at 27 and does represent a macro breakout, suggesting the next pullback is a higher degree buying opportunity that will lead to highs back above 46.RSI has not confirmed recent new highs and is a negative tactically once below 39.

Xpeng has rallied nicely from our buy in level at 23 and met our ideal target at 46, a pullback is now in the cards back to the old pivot support at 31.Trendline resistance was cleared back at 27 and does represent a macro breakout, suggesting the next pullback is a higher degree buying opportunity that will lead to highs back above 46.RSI has not confirmed recent new highs and is a negative tactically once below 39.

Xpeng Rally Met Our 46 Target, Pullback in Progress

XPeng

Xpeng Rally Met Our 46 Target, Pullback in Progress