is it all over?
$XPeng (XPEV.US)$
For no reason. xpeng drops almost 10% today. humm...is this another on time Algo squeeze? it's seem to suspicious. why?
1. The drop closed the gap that existed since the last earnings.
2. The drop reached and touched the lower support trend.
3. tech day for xpeng is next week drop and rebound.
4. next qtr earning is around the corner.
5. Oil crisis coming All EV will fly with $200 oil price.
it hurts today and makes you think twice. please comment if you think there is another reason for the price drop.
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元宝儿 : More than predicted
Cui Nyonya Kueh : what happened![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
bullrider_21 Cui Nyonya Kueh : Tech Day on Oct 24. Maybe a dump and pump?
XPeng Tech Day 2023 will unveil autonomous driving roadmap
https://www.moomoo.com/community/feed/111257036193798?global_content=%7B%22invite%22%3A%22102079252%22%2C%22promote_content%22%3A%22mm%3Afeed%3A111257036193798%22%7D&data_ticket=8d79554dc8b17a0ea10adf128b61190d&futusource=nnq_comment_stock-new
bullrider_21 : Maybe Xpeng will unveil something important on its Tech Day.
103256908 Cui Nyonya Kueh : The recent performance of new energy vehicles is very poor; only BYD is a little better
MonkeyGee OP Cui Nyonya Kueh : I have no idea, it just drop. my guess it's an algo play. drop and pop on up coming news
MonkeyGee OP bullrider_21 : like an EV boat? they doing everything else