$LI is showing what happens when a company executes to the highest standards, when a company has integrity and achieves what they have said they will do.....not only this, $LI has exceeded expectations and their share price is rewarding them for this.
Some people believe that $NIO is being manipulated but I think the market is punishing $NIO for not achieving what they said they would do.
That being said, they can turn this around at any stage and start really focusing to the level that $LI has.
$LI is moving nicely up Wave 5 now and the $50 target remains in place, a pull back to the 50 Day MA at $36 here would set this up nicely to move higher in a controlled manner.