Li Auto Inc.
Long
Updated

LI: Ready for a quick bounce?

380
Our indicators are aligned for this prediction. RSI has started moving up, the volume hasn't been too bad today, and the 8 TEMA and 9 MA have cross up. Our target is at $22 where our next resistance level meets the upper border of the daily downward trend. From there we'll revisit LI to see if there will be a break out or another downward move, but for now I think this is going to be a good week for bulls across all growth stocks.
Note
Didn't go all the way up but that was a solid 6% profit. But a lot more if you did calls.

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