$LI setting up for a bullish rallyHello 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 average, which resulted in that nice green candle. Additionally, LI is on the verge of breaking out of the triangle accumulation pattern, which has formed over the past 3 months after ATH. Seems like a good amount of time to cool off and reset for a new rally. The textbook way to trade this pattern is to wait for a breakout bullish from the triangle. I am anticipating a breakout so I already entered the trade. I accumulated recently on every touch of the triangle support so I am already seeing some green after today's bullish candle. Remember that although outlook is bullish it doesn't mean we will go to the moon tomorrow. In fact, there is nothing saying it won't go down although I would be very surprised if that happens. Also, if it breaks bullish be on the watch for throwbacks as they happen frequently on this type of pattern (BNGO just did that today after breaking out of the same pattern--hopefully it will bounce back up tomorrow). Bottom line: if you enter a trade, put a stop loss that matches your risk tolerance. The dotted lines are the targets on the way up in case we go there. Good luck and safe trades! Show your love: If you get anything out of this TA, please hit the like button so other can find this analysis quicker. Follow for more: If you want the best entry/exits just follow me, you won't regret. Thanks a lot! ***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***by Safe_TradesUpdated 4412
LI End of Corrective Wave LI Auto retraced to the 0.618 and displayed positive divergence on the RSI. Price is above the hourly Ichimoku Cloud with the whole EV sector continuing its momentum. Watch XPEV with similar price movement. Supply Zone: $33.50-$34.00Longby Alpha_Trades206228
$LI 4h Showing a reversal signalI'm in a long naked OTM leap on LI atm. LI 35C 3/16. Currently up 35 percent.Longby x_markstheespot1
LI on Breakout Watch - $40 TargetLI has been in a long consolidation pattern and is near the end of the wedge. Lets see if this giant can wake up this week in increasing volume. Longby CWilder111
LI Auto Long above 32LI AUTO could break the triangle and stay for a while, Stoch LOW, RSI LOW, Took a good Support at 31Longby sujaykumark110
$LI | Bullish Triangle and Descending Channel$LI formed a descending channel within a large bullish triangle. Watch for a breakout for upside continuation. Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽 Good luck! Longby AidanMDang3315
LI run up to earnings earnings coming up for LI soon and the trend of bouncing off of lower BB lines and fib lines is giving me a buy signal. looking like a move to the upside.Longby dvandy322
High Conviction Trade: $LI Looking for a 15-20% Move Up$LI has had overall weakness during a huge bull run. Most EVs seem to be consolidating recently. I'm looking for LI to make a move here to the upside and pick-up where it lagged. Target $35.Longby tfleet007225
LI looks fantasticLI with a fantastic looking setup on this daily. No position but top watch heading into this week. Sector is hot and looks ready to run overall. Love this one!Longby dafster17220
Bull flag. Daily chart doesn't show the bull fag perfectly, but on the 4 hour chart you can see it more clearly. MACD is on red looking to close red and open green. Price target of around 60 dollars. Longby Dc1392222
I entered and lost the previous oneThis looks like a reverse H&S..... If the price close above the grey week trend line tomorrow I think there is a chance that it would play out.Longby Bart10000220
#LI Reversal Coming Soon?- Li showing life of reversal here but breaking that trendline + Fib plus strong support will just bring more downside. - But with that being said everything mentioned above plus indicators do show signs of a bounce or possible reversal here. - Li usually runs along with Nio and Xpev as well can pump along with energy so its something to watch out. Overall bullish as there is a lot off signals showing strong strength of reversal.Longby Raulf-m228
LI | Chinese EV play targets $38 GP and $48 ATHNice accumulation for a big move. Going in with call spreadsLongby JesusHentaiChristUpdated 224
bullish on LI for Q4 earningsthe recent pull back is from a decrease of deliveries since last month (no surprise due to record deliveries last month) however I have calculated the average number of deliveries month over month since Q3 and used it to predict the march monthly deliveries which is an estimate/average of 5,384 and I have added up the total deliveries since Q3 and if march deliveries are similar to my prediction their would be an increase of 147% in deliveries since Q3 therefore I 'am bullish for when the Q4 report is released. price target= $49 DISCLAIMER: this is not financial advise and i could be wrong about these predictions, please do your own due diligence. SAFE TRADES!Longby knowndesert1
LI Breaking DownLI breaking out of the wedge moving down Bought puts here Target somewhere near the green line. -10% move Risk to reward 1:3 Shortby Wealthfreq111