Some news worth knowing before you decide to partake this trade.
Read articles here , here and here.
Are we seeing an overcrowded EV manufacturer in China ? Of the 4, I am blessed to find an opportunity and invest in NIO .
I will monitor both Li Auto and XPEV over the next few months and see how their performance. You can see both NIO and TSLA are...
Too Excited!!!! hahahaha
I had to come back with $LI because I realize I ain't show yall a KEY thing......
Check video to see why.
#LIAutoINC
#LIAuto
#InvestSmartWAAS
#TradeSafe
NASDAQ:LI
So, this is my thoughts on $LI even though its a brand new market, i'll be going long in it ANYWAYS. For sure signs of some pull back because of its market being so young but its going to do some SERIOUS numbers for the future..
#LIAutoINC
#ElectricVehicles
#InvestSmartWAAS
#TradeSafe NASDAQ:LI
New IPO, not enough daily data
Hourly Demand
Hourly EMA144
Entry 17
Stop : 15
Target: 23; risk/reward=1:3
I am not a PRO trader. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
Right now, my current 1 year target as a conservative estimate for Li Automotive is $65. That being said, I think this will continue getting momentum and garnishing higher support levels. Many analyst are bullish as well. As always, everything I say is on an opinion based basis. Please proceed with caution and invest at your own risk. Do your own due diligence.
With the hype surrounding EV manufacturers right now, the potential for this fresh IPO to reach new highs is good in the short term. Looking to go Long if we break 17$ with target at 19-20$ and stop loss if it dips under 16
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 —...
