knowndesert

bullish on LI for Q4 earnings

Long
NASDAQ:LI   Li Auto Inc.
the recent pull back is from a decrease of deliveries since last month (no surprise due to record deliveries last month) however I have calculated the average number of deliveries month over month since Q3 and used it to predict the march monthly deliveries which is an estimate/average of 5,384 and I have added up the total deliveries since Q3 and if march deliveries are similar to my prediction their would be an increase of 147% in deliveries since Q3 therefore I 'am bullish for when the Q4 report is released.
price target= $49
DISCLAIMER: this is not financial advise and i could be wrong about these predictions, please do your own due diligence.
SAFE TRADES!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.