If you haven`t sold here:
Then you should know that Li proposed an offering of convertible senior notes through which it intends to raise up to $750 million. The seven-year notes will offer investors the chance to sell back their investment to Li for cash between mid-2024 and mid-2026, and...
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...
Hello dear padawans. Today we are going to take a look at LI, the Chinese car company. If you read what analysts say you may be torn between buying or waiting on this one. Here I am just looking at the chart.
Overall the outlook is very bullish for LI. All indicators on the chart are bullish on the daily timeframe. Volume today was not exceptional but above...
Friday, 29 January 2021
22:08 PM (WIB)
Li Auto seems already complete the highest horizon for the highest high of the channel. And has the best moment alongside EMA100 and EMA50 to rising together again. This should be good to add more.
"Live to Ride and Ride to Live"
After fibo 61.8% retrace LI tested the upper side of the ascending channel and retrecaed back to fibo 50%.
This area is acting as an important support and yesterday' formed a Bullish engulfing candle. If we close in green today the engulfing will vallidate and it will either test the next fibo at $40 or the upper channel. If it cant break that expect a correction...
Tuesday, 26 January 2021
8:50 AM (WIB)
As expected, Li Auto moving down from 34.44 with direction at the lowest support channel lines, including with EMA50.
Watch the movement, there might be an extending down price movement.
"Live to Ride and Ride to Live"
Saturday, 23 January 2021
16:00 PM (WIB)
Very interesting to know 5 years projection from Mr. Joe Biden as President of the USA. This includes a zero-emission campaign and zero pollution. This is a Revolution for Solar Power and Electric Vehicles and Transportations, etc. Which could have a very positive impact on Earth's healthy. I agree with him. Living...
As I have been saying the past couple of weeks, after the hammer candle on the weekly chart and the close with a bullish candle last week, LI was poised to go higher. I have made good money trading the support and resistance all along as you can see from my previous charts and updates. I have accumulated a very good amount at an average price of $33.33, which...
Last week LI closed with a hammer candle, which signals reversal if confirmed by the next candle. LI also closed above the resistance trendline. The candle also has more volume than the previous 4 candles, which is very bullish.
Despite the loss in the afternoon today LI closed with a strong bullish candle. The candle peaked with 26% gains. There was some selling...
Li is current reversal play in the portfolio with a stop below 26. After a brief exit to the downside from the near term range (rectangle box), the stock has reversed back up into the range. I am playing for a further breakout above 35. The stock is very volatile so I am giving it room. Todays down move and anywhere between here and the 27 area are still buying...