Not to much to say besides that I'll be going long until I see the numbers I want to see.... Again, this is not 100% either. This is how I kind of feel about the market and where it can move over time. AGAIN, This is just ideas
LI Auto announced a reduced outlook on its vehicle delivery volumes for Q3. The previous guidance from Li had deliveries of 25,000 to 26,000 for the third quarter, but it now expects 24,500. My price traget is the 22.8usd support. I expect a correction in other Chinese EV stocks too.
I camped out watching this for months then when it pumped i hadn't allocated the $$.. ANyways.. loks like an entry imho maybe. DYOR!
Idea for $LI based on fractals Investment strategy: - hold and wait for buying for long long-range strategy - sell for short-term strategy
$35 calls for 8-6. Lookin for a price target of $40-$42. Could set a Stop loss equivalent of $29. Technical indicators are MACD cross w a parabolic Sar all while sitting comfortably above the 4hr 200movonf average. Ez Peezy
Have you ever asked yourself how much these small companies other than Tesla would compete with big names which showed up with their fully electric cars in the 2021 Auto shanghai show??? Especially Toyota bz4X and Volkswagen? Some may think after a 60-90% price crash there is nothing left for more correction, but I believe many companies will file for bankruptcy...
There is no need to say Tesla is the best EV maker in the world, but it doesn't mean its current market cap of 676 billion dollars (share price 704 USD) is not far above what it should be! Lets first define Bubble: A bubble is an economic cycle that is characterized by the rapid escalation of market value, particularly in the price of assets. This fast inflation...
On February 18th, 2021, I publish analysis about the Market front runner industry (EV makers), seems exhausted ..! After 5 weeks, it is time to review it 100% accuracy in 10 symbols is not speculation..! It is science and trading base on evidence..! they are way above their value and in the coming months, you will see how far they could go down..! I will review...
NIO is one of my favorite EV plays as the sector took a big hit in the beginning of march. NIO has a advantages in China compared to its competitors. NIO says that the worldwide chip shortage is going to effect production in Q2 and that they’ll make fewer vehicles. However earnings overall were okay and balance sheet healthy. Deliveries dropped a bit in...
Without any doubt EV makers and their investors were the winners of market since March 20th, 2020. But it seems the sentiment has changed in February 2021. NIO and Tesla which are the best performer among their peers failed to reach their tops in January 2021, and getting away from that point with time passed. IMO: Future belongs to clean energy companies, but in...
I think it will touch 12.85 and then push back above 13. Look for the hammer soon.
Holding a small position in LI Auto. Looking to add if wave C is in play and if we're moving for a 3rd leg higher. If the stop loss is held, then the length that it took to reach wave 1 will reach wave 3 aboe 68 level in 5-6 months.
After completing 78.6% retracement, I've decided to go long. 78.6 and 88.6 are my two favorite retracement levels. Risk: 9.9% Reward: 98%
Li Auto was looking very good to me, but now I'm not so sure. Typically, the textbook Bull Flag that it created would already have experienced a breakout. The elongated symmetrical triangle is also not sending any clear signals of which way it'll go. With volume low and earnings looming, we have seen LI find support and cool off. I still remain bullish behind the...
NASDAQ:LI Possible Scenario: SHORT Evidence: Price Action TP1 ~26$ , 10% Decline * I'm 100% bullish on mid-term and long-term, this is just a correction, buy the dip and apply dollar cost averaging I'll buy PUTS for 19 March, Strike 26$, This is my idea and could be wrong 100%
Just an update, if you’re not already in the trade look for bullish action and a confirmation of the break out. The stock could retrace here, but I think that the sentiment and market conditions are really bullish so I doubt it. I could give more technicals and cool numbers but I don’t believe it to be necessary to see the trade. I own stock