$LI
Added 2024-11-14 20:52:40 +0000 UTC$LI like $NIO has also lost its 0.618 Fib support line at $22.60 and looks set to move down further to the channel breakout line and the 0.78 Fib at $20.34
$LI is a good barometer of how the market feels about the EV sector because they have been killing it on their deliveries and still has the best fundamentals from an EV/Hybrid companies from China.
The pull back is corrective so this is good but the bleeding needs to stop and support needs to be confirmed soon.
