Price has touched support at $56, even dipping just under towards $55 before rebouncing. Possible double bottom before XPeng takes off towards $85 Very possible and likely price for XPeng in the near future. I am liking the decrement of gap between XPeng and NIO. This narrow gap of competition would push these Chinese EV higher. I have not been analysing Li because I prefer XPeng and NIO. Either ways, good entry for XPeng now with potential gain of $20 per share
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