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XPeng Makes A Golden Cross, Ignites Bullish Momentum As P7+ Sedan Launches
XPEVXPENG(XPEV) Benzinga·2024-10-14 16:31

XPeng Inc. XPEV is shifting gears with a Golden Cross formation that suggests strong bullish momentum, just as the company unveils its highly anticipated P7+ all-electric sedan. Chart created using Benzinga Pro XPeng stock has broken above key technical indicators, including its five, 20 and 50-day exponential moving averages, which are critical signals of buying pressure. From Gloom To Zoom This technical breakthrough comes despite a challenging backdrop, with XPeng experiencing a -14.53% decline year-to-d ...