MysteriousPersian

IPO swing trade

Long
MysteriousPersian Updated   
NASDAQ:LI   Li Auto Inc.
With the hype surrounding EV manufacturers right now, the potential for this fresh IPO to reach new highs is good in the short term. Looking to go Long if we break 17$ with target at 19-20$ and stop loss if it dips under 16
Comment:
Not looking great with the stop buy entry right before close (and subsequent dump) Might trigger the stop loss. Tommorows price action will be key
Comment:
Stop loss at 15.99 coming in handy. Still have not been closed out luckily. But the chances for a higher upside a looking dim to say the least
Trade closed: target reached:
Target reached at 19$. closing manually at 19.3
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