$LI - RC -
Added 2023-06-02 08:32:26 +0000 UTCIt's important to note here that $LI has been performing extremely well here compared to $NIO and they are not just an EV company, they are a hybrid company of ICE and EV.
They have also released their earnings back on the 10th of May, which was positive and they released their production numbers yesterday and it hit a whopping 26,000+ vehicles, compared to $NIO around 6100+.
So these companies and their charts are unlikely to be aligned for now.
I have $LI in the bull case and their Wave 2 pulled back to between the 0.38 and 0.5 Fib, with three clear waves in Wave 2.
The price is also above the 50 and 200 Day MA. There is likely a lot more upside here.
Comments
Great! Any updates on LI this week?
Leng Sheng Hong
2023-06-09 11:24:05 +0000 UTC
