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In this video, I go over and answer some questions & analyzed charts from myTelegram Groupmembers including $蔚来(NIO)$ , $小鹏汽车(XPEV)$ , $佩恩国民博彩(PENN)$ , TIGR, QS to spot the direction, target price, any potential unusual behaviors and any potential entry. Watch the video below:

Timestamps

• 0:30 NIO (NIO Inc)
• 6:08 XPEV (XPeng Inc.)
• 9:36 PENN (Penn National Gaming, Inc)
• 13:00​​​​ TIGR (UP Fintech Holding Limited)
• 17:50 QS (QuantumScape Corporation)

Questions & Key Points

• I have some Nio, Xpev and Penn. Do you think they will start going up again any time soon or will the down trend continue? Sometimes it looks like they stopped falling but then they continue.
• NIO - Focus on the long term trend, short term accumulation structure with a backup action, which is still unfolding. Tell-tale signs of potential stopping action such as fading of the down momentum and intermediate support area together with a bullish development scenario.
• XPEV - Different scenarios to consider for both bullish and bearish scenario and my current directional bias.
• PENN - Classical distribution structure from Feb-Apr 2021 and what to expect from here on based on the decreasing of the momentum to the downside.
• TIGR - Two levels of support area to pay attention to plus the potential bullish development scenario from a long term perspective.
• QS - Tee-Pee formation distribution followed by a re-distribution textbook style structure. What you can expect for a bearish case and when to switch your bias to bull camp and what to expect.

Further Reading

Top 3 Defensive Stocks To Protect Your Portfolio During Market Correction

Q&A US Stocks EP4: Price Action Analysis on PLTR,BIDU, XOM, PYPL

Q&A EP3: Price Action Analysis on PYPL, LQDT, FUBO, NIO, XPEV