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. Best regards, RyodaBrainless "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 $40 or the upper channel. If it cant break that expect a correction...
Following the same pattern as it's big brother Xpev (See my xpev link). Note : Xpev had the good news of Autonomous driving to help push it through its pattern. I expect some good news in the near future for LI Entry at 35$ Target 39$
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. Best regards, RyodaBrainless "Live to Ride and Ride to Live"
I'm all for letting the sell play out and waiting for a new opportunity
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.
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...
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! 👍🏽
Am I the only one intrigued by this chart? $LI
LI has been moving up with the other EVs -XPEV, NIO, and recently had a PT upgrade to 44. Im looking to take some Feb calls for a move back to the highs
Looks to be in the middle of a 1-2-1-2. Buy zone at 30.73. Mid-February target 47. Stop loss under 26.74
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...
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...