Hey traders, today ill share my trade plan for XPEV:
Conditions:
46.19 fib line cannot be broken
Big volume must confirm upward trend
Using earnings as catalyst
Nio + Li sympathy
I'm currently in March 5 50c and looking to average down today so long that the above conditions are still in motion. My gartley is little bit over extended, my PT is around 56-62 by March 12. If this turns out to be bearish I'll be looking for an ultimate support zone of 43-44 and then I'll likely play weekly puts so scalp my loss from the calls.
Sorry for the inactivity btw guys!! Very busy but after the GMAT I'll be back stronger than ever :)
注释
Out of the calls with a 22% loss. In shares. 1/4 of my position avg cost: 45.95