$XPEV unlock period expires on tuesday 23rd. IPO stocks bought by 15 dollar price of more than 90 million shares will be open to the market. There will be a massive sell off on tuesday market opening. You can sell on monday and buy for a cheaper price on tuesday, or you can watch your account bleeding. The stock is good for longterm investment, I agree, but stops @40 and @38 can be good buying areas if you want to average down or sell and buy cheaper the same stock in short term. Have a good weekend! $NIO and $LI may also be affected on monday and tuesday.
$XPEV next 3 days will be very volatile.I suggest you not to look on the screen or you can drop the stock and buy buck on monday afternoon if you can’t stand it
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