Very nice hold on the 200 Day MA this week, which is also the 0.5 Fib, the pull back may be complete now but it has certainly been quick, we may see another pull back again to the 200 Day MA or the 0.618 Fib before going higher.
But if we are optimistic about $NIO then we must be optimistic about $LI.
My Wave 3 target is at the 1.618 Fib as always at $82.
Abhishek Ananda
2024-03-18 19:17:37 +0000 UTC