KozakHlib

$LI is giving a GREAT IPO LONG opportunity today

Long
NASDAQ:LI   LI AUTO INC
IPO intraday trading strategy idea

Li Auto is a Chinese electric-car maker.

The share price is rising and gonna continue this trend today.

The demand for shares of the company still looks higher than the supply.

These and other conditions can cause a rise in the share price today.

So I opened a long position from $17,25;
take-profit — $23,80;
stop-loss — $15,00.

Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.

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Trade closed manually: $16,45
More information: FONDEXX_WORLD https://bit.ly/3aWSqP8, FONDEXX — https://bit.ly/2yYWOzQ
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Comments

Hi there. can't believe LI entered the market higher than NIO and the fundamentals aren't there yet. How do you see this stock performing compared to NIO ?
+1 Reply
KozakHlib cher9al
@cher9al, well, I haven't done the research to compare them, It was an intraday trade due to buyer's dominance.
Reply
How long are you holding it for? Thanks
+1 Reply
KozakHlib UnknownUnicorn9766249
@UnknownUnicorn9766249, I closed it yesterday.
Reply
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