$LI
Added 2024-02-29 16:43:20 +0000 UTCLooking very straightforward here from $LI, strong bounce leading up to earnings and after reporting and about to test its previous high level at $47, which is also the 52 Week high too.
A breakout here above $47 and $LI is in a strong position to continue higher to our Wave 3 target at the 1.618 Fib at $62.
I would not be too surprised to see some resistance first and a retest of the 200 Day MA at $35 before it can go higher, the move lately has been quite explosive.
