$LI has bounced extremely well on the 200 Day MA and is right now testing the 50 Day MA for the second time, I believe this 50 Day MA will be broken and this will move higher for our Wave 5 target.
The 200 Day MA offered support at the start of November and then again this week, I believe this is a strong support level.
$LI continues to execute at the highest level and is a real contender to be one of the top chinese manufacturers.
Our Wave 5 target remains at $50.
Ilia$
2023-12-27 16:09:24 +0000 UTC