Li Auto Triple top breakout or breakdownAre Chinese stocks going to be devalued to oblivion or should we be snapping them up on the lows?
LIA/N trade ideas
Li Support Breaking?Li Auto - Short Term - We look to Sell a break of 26.98 (stop at 28.34)
Trading within the Channel formation. The bias is still for lower levels and we look for any gains to be limited. Previous support located at 28.00. A break of 28.00 is needed to confirm follow through negative momentum. Risk/Reward would be poor to call a sell from current levels.
Our profit targets will be 22.54 and 21.60
Resistance: 29.00 / 33.00 / 35.00
Support: 28.00 / 25.00 / 20.00
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Li-long position I been accumulating li since $20.
Li is exhibiting a decrease in volatility and in volume.
LI small long positionElliott Wave count I’m following:
White = I’m doing a larger degree ABC count
--> Target upside is $58 longer term
Green = Looks like coming off wave (ii) retrace around $27.73. Green count is within White C.
--> Target upside $40; $50
Light Blue = smaller degree count within green wave (iii). Counting that we put in light blue wave “i” and wave “ii” and we are potentially starting a blue wave "iii". This would align with EW theory that wave 3's are most powerful, indicating the strong move potential to get up and over the red down trend resistance line.
--> Target upside $38 for light blue “iii”; potential $45+ for longer term light blue “v”
I’m just in a small, long call spread weeks out. The yellow dotted line represents potential EW count invalidation for light blue below $29. Below $27.73 could be considered as overall invalidation and price movement creating overall different structure
#LI price action is trapped in a range#LI price action is trapped in a range at the end of this range I am starting to see some bearish momentum we could see price action break the bottom of this range and continue to the downside.
NASDAQ:LI
LI: More Pain?It looks like there's more pain on the way come in for LI considering a key Gann angle has been breached and support was also broken. Keeping an eye on this one - Could be a good short opportunity
Li Auto-bullish movementLi Auto bounced really hard back in May, just published Q3 results today, which was better than expected. This could help Li to move up more, first target would be $36.5. On the downside we have support at the trend line and in the $30-$32 dollar zone.
Not financial advice, just my opinion.
Stay green. :)
$LI Still on the watch listI'm still watching $LI
Maybe something like this heading into earning would be ideal.
Nice 5 months base so remains on the watchlist
Quick TradeLooking for a fake bullish cross.
Short position with stop at $31.3 / $31.4.
The entry depends on what will happen with the next candles.
This could be our next runnerI entered this today as looks like this one has been behind all the others and there is a great upside available. My target for the swing is $47.
LI nice set up, added to the watchlist 🧐LI providing another dip entry at its trendline support, good risk reward on this dip if you use the trendline as a stop loss
price targets are 32.5/36/47
$LI working on its bullback pivot$LI i like this name and been trying to find a low risk entry to get onboard. Nice base forming & vol pattern
Its been up 4 weeks in a row. I would be very interested if it could pull in to that bo level quietly & start to make a turn. Orange bars is what i would like to see
LI Technical Analysis So LI… so many lines, trends, patterns, tbh I kinda like LI’s chart. So what we got, we have very strong trend line since the IPO I think (purple line), we have bullish flag pattern, we have triangle, and we now have channel down. So my play will be right now to wait, patience is the key right now, the smart move will be to wait till the price break up the current down trend that began few days ago(pink line) and to break up the flag, triangle and resistance at 31.59, when this accrue and with some confirmations of indicators I will 100% will take the trade with tight stop loss below the triangle.
Please tell me what you guys think
11/1 - 11/5 watchlist #1 Rationale: Bull flag on the daily and Chinese automakers NIO, LI, and XPEV will post deliveries reports this week
$LI Watch for a Pullback Buy Setup$LI i like this name and been trying to find a low risk entry to get onboard. Nice base forming & vol pattern
Its been up 4 weeks in a row. I would be very interested if it could pull in to that bo level quietly & start to make a turn. Orange bars is what i would like to see.
Li Nice breakout of descending triangle. Clear strong weekly candle. Seems we could get a solid push to upper channel resiatnce
$LI Starting to Come Back$LI is also back after pealing away from the previous shelf it was building and now running up the right side after creating a shakeout (red circle).
watching to see if will give us a low risk entry but it might just blast out and away.
Technical Target for Long Position on LI AUTO INC.THIS IS NOT FINANCIAL ADVICE.
Li Auto is one of the few Chinese Stocks that has continued to show strength despite the overwhelming regulatory pressure being placed on Chinese Companies. With a high of 47.70 and low of 15.98 in the past year, LI has been forming a strong consolidation toward the upside. Price action has gapped above the 200 day MA and continues to approach the 50 day MA.
Fundamentally, Chinese EV stocks are still a worthy long-term play for all investors whom are drawn to sustainability play in emerging markets. Technical Analysis suggests that breaking the bull flag resistance with strong volume will lead to further upside toward a price target of $45, facing some resistance at horizontal resistance of $36.49.
not ready yet, but its setting up for a big rally in my opinion.LI is getting ready for a rally to 35+ once it clears the big resistance around 29-30. watching this one like a hawk in the next couple weeks. but I am neutral for now! good luck ! :)
LI LongI'll enter tomorrow at the open, LI is looking bullish in monthly/quarterly open likely to test september open (30.9). I think is likely to do that after these two bullish days. Enter with a buy stop at the test of the daily high and day open in the first market hour.
My expectations are to cross 28.8 (year open) in this week, and also see a cross over 30.9 maybe this week or next week.
After september open is tested I can also buy puts and trade a bearish move to the downside is another scenario.
I like this strategies using open price levels in yearly, quarterly and monthly levels because helps me to trade less and I have a correct view of how the candle is form, when u invest / swing trade you have to visualize how the candle is forming and higher timeframes helps to give direction to the price.
* Not a recommendation
With EVERGRAND and CHINA FUD LI Auto Is a BUYLI AUTO Inv H&S pattern is very likely on cards. If this pattern holds, this is going to reverse by next year. Time is always uncertain but this is certainly a buy all the way to $20.
We will break the neckline above $40 next year.
Li26.27 has held us up for a while now. Excellent ichumochi cloud support. Upper resiatnce 37$. We want to see that support hold and if it does when this market turns around a bit this could be setting up for a breakout when consildation completes. Stops below 25.50 should be a decent risk vs reward play
