WinnerTrader99

$LI Auto - Potential Bullish long Targeting 36 then 41

Long
WinnerTrader99 Updated   
NASDAQ:LI   Li Auto Inc.
Technically its better than other competitors $NIO $XPEV but RSI and MFI indicators are overbought - perhaps slow down then move up targeting 36 then 41 . Stoploss for bulls is little far away above 21 . Normally similar patterns takes weeks to arrive destinations. if broad markets pulled back then it will be nice entry above 21
There are 2 scenarios : Consolidations slowly above 23-21 then moves up during 3rd quarter . OR continue moving up towards targets before summer. 3rd scenarios is unlikely :)
Trade active:
Perfect- the best setup among others
Trade closed: target reached:

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