$LI
Added 2024-02-21 10:56:44 +0000 UTC$LI is looking like the first Chinese EV to start its recovery and it deserves it if we are all being honest.
Their execution has been miles ahead of $NIO and $XPEV, so seeing it move more positively first, is not a surprise.
I have added in the primary impulse wave here, as there has been a hold of support on the 0.78 Fib at $26.
But $LI needs to get above its 200 Day MA at $35 to confirm the reversal.
Wave 3 is all the way up at $82 at the 1.618 Fib
Comments
they gave very good earnings, and forecasts very high for Feb and March, I would buy it for long term, I made short term trading great money, buyers kept buy today, they did not let it down whole day, it showed how strong the earnings they have given
Shailesh Patel
2024-02-27 03:05:15 +0000 UTC
