$LI
Added 2024-02-26 10:19:42 +0000 UTCUp 8% in the PM now after reporting an increase in Quarterly revenue but gave a guidance for softer sales for Q1, which is in line with historical data.
$LI has now broken above its 200 Day MA and has been moving well so far since its local low at $26 and is now at $38 in the PM.
I said last week that $LI looks to be the first EV company to show a reversal from the large selling pressure since the start of this month and it continues that form today.
Impulse wave remains as shown.
