Options Corner: XPeng’s ‘Falling Wedge’ Potentially Signals Incoming Upside Options Corner: XPeng’s ‘Falling Wedge’ – XPeng (NYSE:XPEV)
Although Chinese electric vehicle manufacturers such as sector powerhouse XPeng Inc – ADR XPEV benefited from significant interest earlier this decade, recent years have witnessed lackluster market performances. Nevertheless, Tesla Inc TSLA CEO Elon Musk recognizes the upside potential of XPEV stock and its ilk. …