LI Cup and HandleSorry 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 play!!
Leave a comment with any suggestions!!
LI
Is $SBE ready for a test of $48? Is $SBE ready for a test of $48? Thesis negated below a close of $39.87
Use options to define risk as premium paid.
Suggested options to use: Feb 12th Weeklies $50 calls trading at $3 a contract.
LI AUTO INC printing a hammer on the weeklyThere isn't enough data on LI AUTO INC to make any significant analysis on the weekly chart but it is possible to see a hammer candle, which could mean a potential reversal depending on what the next candle prints. A green candle that closes above the hammer high would confirm the reversal. Ideally, the confirmation candle should be formed on strong volume to support the reversal. This is a weekly chart so we would need to watch the price action this whole coming week.
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***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
FLY OR FRY FOR TSLAWe are seeing some weakness in electric vehicle stocks in the past few days. Right now there is a double bottom forming on xpev and Li auto. Tesla is looking to swing up or breakdown here at the bottom of its consolidation. I think we can see TSLA lead the charge as EV stocks start to rally into the New Year.
LI AUTO Target Price Range for 24th NovLi is in a very clear channel that doesnt seem to become more volatile with the hype (unlike Xpev for example).
It seems to follow the trend very stably and clearly and it shows no signs of having exhausting the trend yet.
Yesterdays prediction I made for LI was spot on (not published unfortunately) and it closed precisely at the price I expected it too.
Both yesterday's accurate prediction and today's prediction are based on the same channel.
Overall I expect a 3-10 % increase today.
XPEV vs BMWI wrote this article because there are a lot of people asking me if it is too late to buy Xpev.
I am not a financial adviser, so you do the finance comparing Xpev with BMW and write me if it is a good buying opportunity or a speculative bubble.
I was also the guy who told you about the chance of buying Xpev at 20usd:
The indicators are still bullish, by the way.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.