Li Auto LMAO why wouldn't you short it. $24.50 Rebuy.
Negative short term moving averages
Negative Tom demarks sequential
Also announced a Stock offering - creating more sell supply. (TSLA stock offering = crash, DKNG offering = crash)
The confluences:
The 4 HR and Daily TD support Both @ 24.80
0.786 Fib at 24.50 - Roughly 55% crash from top
50 Daily moving average
Would look to rebuy Li At 24.50ish
Negative Tom demarks sequential
Also announced a Stock offering - creating more sell supply. (TSLA stock offering = crash, DKNG offering = crash)
The confluences:
The 4 HR and Daily TD support Both @ 24.80
0.786 Fib at 24.50 - Roughly 55% crash from top
50 Daily moving average
Would look to rebuy Li At 24.50ish
Comment:
Shorted 32, and Praying.
Comment:
Reshorted 31.5.
Comment:
So many people keen to 'buy this dip'
They're all in for a surprise...
To me it's a classic bubble pattern, the denial stage, hence we should wait for capitulation, may go well below 24.50.
They're all in for a surprise...
To me it's a classic bubble pattern, the denial stage, hence we should wait for capitulation, may go well below 24.50.