$XPEV - Potential Long entry, Alarm set to 51.34 Close Price

EC will be held on 08 Mar 2021.
Few milestones taken from Seeking Alpha :

• XPEV's decent 4Q sales topped expectations at higher rates than NIO and Li Auto, with the company quickly ramping up production.
  

*XPEV is about to release another sedan model equipped with Lidar.

*Its new generation AD system – XPILOT 3.0 – is worth betting on.

*Recent polarization of valuation multiples of NIO, TSLA and XPEV present an obvious buy signal.

*We upgrade XPEV to 'buy' with a target price of USD 72 per share.


Technically , Potential Long entry with breaking above 51.34
Main triangle support located in 44.5

Not recommended to buy or sell XPEV stocks.