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"
LI has been left behind from the other big Chinese EV companies as of lately. It has formed a very nice ascending triangle on the weekly. I posted price targets on the chart based on the fibs. I'm really fond of this chart.
Following a bullish head and shoulders breakout and retest I expect LI to continue its push to the upside. Watch for a breakout.
Targets on chart. Good luck!
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
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...
LI AUTO just started the impulsive wave 3 which is headed to minimum $80. Second wave retraced perfectly to golden ratio 61,8% level (ideal to long from there)
Next level is also the 161.8% extension
Keep in mind that $80 is actually the minimum level to be reached, but extensions often go all the way to...
Sorry for the hiatus, folks. Hope everyone made bank on the picks!!! APPS and KIRK killing it. SPCE starting nice run, though, I sold entire position today. PLUG went supernova!!!
I like LI on the cup and handle here. Measurements on the chart for run. Waiting for the break of the upper trendline of the handle to get in.
Like and follow if you like the...
Just to be clear, here is where i spotted Li`s buying opportunity, where i also did a nice comparison with Nio in sales:
Now the U.S. House of Representatives has unanimously approved legislation that would allow for the delisting of Chinese companies unless they meet audit standards in the...
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 Auto Inc. (LI) has held lower trendline support as well as the 0.5 retracement. Look for a break and test of top trendline to a PT of $33. Break below lower trendline would deem the price for a steeper retracement to the 0.618