$LI
Added 2023-08-15 00:33:09 +0000 UTC$LI's chart has been very structured and just like $NIO it is also in its Wave 4 pull back, a very clear Wave 4 pull back too.
I would be watching for the 50 Day MA at $37 as a potential support line for Wave 4 to complete but as always, we set Wave 4 at the 1 Fib to start with, as we can see, they are very close together right now.
The trend is clear here too like $NIO, the 50 and 200 Day MA are below and showing a bullish crossover.
Happy to see $LI and $NIO following each other.
