$LI
Added 2024-10-31 14:00:44 +0000 UTC$LI had a double beat with some blemishes today (net profit dipped slightly) and the stock is now down -12% at the opening.
We can see that the pull back is now below the 200 Day MA but there is no breakdown in structure.
If the previous low is lost then a test of the 0.618 Fib is expected next at $22.63.
I expect $LI to move with the other ADRs next week if a large fiscal stimulus is announced.
