Can $LI squeeze out $25+I like this name based on delivery numbers. Can this squeeze out $25 and beyond? Final Target $30.
LI trade ideas
$LI*For share traders only. Not meant for options.
Green: Entry Point
Blue: Start of Week
Red: End of Week
Thumbs Up: Trade Available for Week
$ Amount (Numbers Above): Price Targets
*I don’t believe in sharing strategies or outlooks due to the idea that it could cause someone confusion within. It’s important in trading to find your eyes and do things that match your scope of understanding. Over time, if the work is put in, you will create a strategy that in most cases aren’t full proof, but something you can lean on creating an edge for yourself. This strategy is based on a mix of volume analysis, Elliot Waves, retracements, and candlestick anomalies.
LI AUTO EARNINGS CHART HALLOWEEN EDITIONRSI labeled
Trends labeled
this chart is more short term and I included a projection that you don't want to follow exactly as it's just to show an idea and allow me to check back.
Instead follow the price targets and main trend line which is purple.
Earnings sees a lot of stocks move a lot over a SHORT time, which makes a move that brings price down and quickly back up and can set it on the next projection, which ultimately would see it go down based on past things seen.
Fundamentals not included in this chart analysis
This is all ta with an aggressive approach towards earnings, and sometimes highly inaccurate.
Good luck traders
Make sure to view more charts than just this idea.
Per this idea to state it clearly, DROP then BIG up to close price gaps and possibly set a new high, which ultimately takes it down to a lower price and gives it a long term projection of bullish. Again, fundamentals not included.
The ??? is a zone where this chart is highly out of date and I have no clue where it should be or could be heading other than that, the projections extended out show the marked area where you might expect to see the "trends" meet up again and allow the entry and exit prices to actually fit within a reasonable time frame.
Pumpkin included because spooky day theme.
lol, hope all this helps you in your decision with this or at least gives you another view on earnings to consider.
Li Auto in the Fast Lane! Li Auto (LI) is building strong bullish momentum, with a gap forming at the $26.00 level. A breakout above the $30.50 resistance would confirm further strength, positioning the stock to reach the $47.33 weekly resistance. With a favorable 3.33 risk-to-reward ratio, this trade offers a compelling opportunity, while a stop-loss at $23.97 ensures controlled risk.
Li Auto’s leadership in the hybrid electric vehicle (EV) market plays a key role in its growth, offering extended-range EVs that appeal to a broader consumer base. As China’s economy begins to recover, supported by easing policies and increasing domestic consumption, the demand for EVs is expected to rise. With production capacity expanding and government incentives favoring hybrid and electric vehicles, Li Auto is well-positioned to capitalize on this rebound.
This combination of technical momentum, market fundamentals, and the economic recovery in China sets the stage for Li Auto’s push toward the $47.33 target.
NASDAQ:LI
Li Auto: Potential Correction and Bullish ContinuationLi Auto: Potential Correction and Bullish Continuation
Li Auto recently completed a large daily harmonic pattern near $17.40, and the price bounced aggressively
Part of this bullish movement can be attributed to the Chinese Central Bank's support package for the economy
Today, the Chinese Central Bank initiated two funding schemes, injecting $112.38 billion into the stock market through newly-created monetary policy tools
Given these conditions, the maximum correction Li Auto might experience could be near $222
. After this potential correction, the price is expected to resume its bullish movement, with targets at $30, $35.5, and $40.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
PS:
Li Auto Inc., a pioneer in China's new energy vehicle market, has been making waves with its innovative approach to electric vehicles (EVs) since 2015.
Li Auto Inc is first Chinese EV startup to produce one million cars
Li Auto is known for its extended-range electric vehicles (EREVs), which combine electric power with a small gasoline engine to extend the vehicle's range. This unique approach has allowed the company to offer vehicles with impressive ranges, such as the Li L9, which boasts a CLTC range of 1,315 kilometers and a WLTC range of 1,100 kilometers2
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LI LONG As we see clearly wyckogg accumlation coming to it's end, from here we should see a breakout and uptrending movment !
Don't be surprised if you see some kind of news that will push it higher breaking the resistance
Li - Li Auto Inc.Li Auto, Inc. engages in the design, development, manufacture, and sale of premium smart electric vehicles. Its products include Li MEGA, a high-tech flagship family MPV, Li L9, a six-seat flagship family SUV, and Li L8, a six-seat premium family SUV, and Li L7, a five-seat flagship family SUV. The firm also offers in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. The company was founded by Xiang Li in April 2015 and is headquartered in Beijing, China.
Li Auto Inc. Seeking Stability Amid Intense Market CompetitionLi Auto Inc. (NASDAQ: NASDAQ:LI ), a leading Chinese electric vehicle (EV) manufacturer, recently reported a sharp decline in profits for the second quarter of 2024, driven by higher production costs, price cuts, and increased competition. With demand for EVs weakening globally, the company faced substantial challenges that have significantly impacted its financial performance and stock price. This article delves into both the fundamental and technical aspects of Li Auto's current situation, providing a comprehensive outlook on what lies ahead for the company.
Rising Costs, Increased Competition, and Profit Pressures
Li Auto's financial results for the second quarter of 2024 revealed a year-over-year decline in net income by 52.3% to RMB1.1 billion (USD $151.5 million). The adjusted earnings per American Depository Share (ADS) fell 45% to RMB1.42 (USD $0.20), although both figures managed to exceed analysts' consensus estimates. However, the revenue growth of 10.6% to RMB31.7 billion (USD $4.4 billion) fell short of expectations. The company's CFO, Tie Li, acknowledged the "intense market competition" and high production costs as significant factors behind the declining profits.
Vehicle sales, which accounted for the bulk of Li Auto's revenue, increased by 8.4% from RMB28.0 billion in Q2 2023 to RMB30.3 billion in Q2 2024. However, the vehicle margin dropped to 18.7%, down from 21.0% in the same period last year, mainly due to a lower average selling price driven by product mix and pricing strategy changes. The gross margin also declined to 19.5% from 21.8%, reflecting the ongoing cost pressures.
Li Auto's operating expenses rose by 23.9% to RMB5.7 billion (USD $785.6 million), mainly due to higher R&D costs and employee compensation to support its expanding product portfolio and technological advancements. These rising costs, coupled with a decrease in gross profit, led to a 71.2% decline in income from operations to RMB468 million (USD $64.4 million).
Despite these challenges, Li Auto (NASDAQ: NASDAQ:LI ) is cautiously optimistic about the second half of 2024. The company expects the stabilization of its new Li L6 SUV production and the implementation of cost reduction measures to improve its margins and cash flow. Looking ahead to Q3 2024, the company forecasts vehicle deliveries between 145,000 to 155,000 units, with total revenues estimated to be in the range of RMB39.4 billion to RMB42.2 billion, representing an increase of 13.7% to 21.6% compared to Q3 2023.
Technical Analysis: Critical Levels and Potential Reversal Zones
From a technical perspective, Li Auto's stock has been under significant selling pressure. As of the most recent trading session, the stock fell 16%, with the price hovering around $17.58, reflecting a 17% decline. The Relative Strength Index (RSI) currently sits at 38, indicating an oversold condition that suggests further potential downside.
Li Auto's stock is at a critical juncture. A move towards the key support pivot at $12 could trigger a substantial sell-off, pushing the stock price lower and potentially leading to further market panic. On the other hand, if the stock manages to recover and surpass the block structure resistance at $24, it could signal a bullish reversal, encouraging renewed investor interest and potentially propelling the stock toward the next resistance level above $40.
The bearish outlook is primarily driven by the current oversold conditions and negative market sentiment. However, if Li Auto can stabilize its production costs, improve margins, and execute its growth strategy effectively, there is a possibility of a rebound. The next few weeks will be crucial as investors closely monitor the company's performance and market dynamics.
Conclusion:
Li Auto faces a challenging environment characterized by high production costs, intense competition, and fluctuating demand for electric vehicles. While its recent financial performance has been disappointing, the company's efforts to stabilize costs and improve margins in the coming quarters offer a glimmer of hope for a turnaround.
From a technical standpoint, the stock remains under pressure but could find support at lower levels, providing an attractive entry point for value-oriented investors. However, caution is advised, as a sustained recovery will depend on several factors, including broader market conditions, competitive positioning, and the successful execution of the company's strategic initiatives.
Investors should watch for signs of stabilization in Li Auto's margins and production costs, as well as the potential for a technical bounce if the stock can move above the key resistance level. Until then, the outlook remains mixed, with both risks and opportunities on the horizon.
LI | Explosive Move Coming to Li AutoLi Auto, Inc. engages in the design, development, manufacture, and sale of premium smart electric vehicles. Its products include Li MEGA, a high-tech flagship family MPV, Li L9, a six-seat flagship family SUV, and Li L8, a six-seat premium family SUV, and Li L7, a five-seat flagship family SUV. The firm also offers in-house development efforts on its proprietary range extension system, next-generation electric vehicle technology, and smart vehicle solutions. The company was founded by Xiang Li in April 2015 and is headquartered in Beijing, China.
Li Auto is better than TeslaSell all your Tesla, put it into Li Auto and you will make 100% by year end. Watch and learn.
Li Auto - finishing an ABC corrective moveLi auto is likely nearing the end of a corrective ABC move and is currently a wave 4 in wave C. Wave 5 of C should ideally take price to the $21.50 level which is the 0.618 retracement of the move up from the Oct 2022 lows.
Should price reverse from here it is likely that the correction took the form of a WXY move where wave Y has 3 waves, instead of an ABC move where wave C has 5 waves.
Li Auto Inc. Reports First Quarter 2024 Financial Results Li Auto Inc, ( NASDAQ:LI ) the Chinese electric vehicle company, has reported a sequential decline in revenue and net income in its first quarter of 2024. However, CEO Xiang Li took a positive tone in the earnings report, despite the sequential decline in revenue and net income in Q1.
The company's first quarter saw an increase in vehicle sales by 32.3% from RMB18.3 billion in Q1 2023 and a decrease of 39.9% from RMB40.4 billion in Q4. Vehicle margin was 19.3% in Q1, compared to 19.8% in Q2 2023 and 22.7% in Q4. Total revenues were RMB25.6 billion, an increase of 36.4% from RMB18.8 billion in Q1 2023 and a decrease of 38.6% from RMB41.7 billion in Q4. Gross profit was RMB5.3 billion, an increase of 38.0% from RMB3.8 billion in Q1 2023 and a decrease of 46.0% from RMB9.8 billion in Q4. Gross margin was 20.6% in Q2, compared to 20.4% in Q2 2023 and 23.5% in Q4. Operating expenses were RMB5.9 billion, an increase of 71.4% from RMB3.4 billion in Q1 2023 and 13.1% from RMB6.8 billion in Q4. Loss from operations was RMB584.9 million in Q1 2024, compared with RMB405.2 million income from operations in Q1 2023 and RMB3.0 billion income from operations in Q4 2023. Operating margin was negative 2.3% in Q1 2024.
Net income was RMB591.1 million, a decrease of 36.7% from RMB933.8 million in Q1 2023 and 89.7% from RMB5.8 billion in Q4 2023. Non-GAAP net income was RMB1.3 billion, a decrease of 9.7% from RMB1.4 billion in Q1 2023 and 72.2% from RMB4.6 billion in Q4 2023. Diluted net earnings per ADS attributable to ordinary shareholders was RMB0.56 (US$0.08) in Q1 2024, while non-GAAP diluted net earnings per ADS attributable to ordinary shareholders was RMB1.21 (US$0.17) in Q1 2024. Net cash used in operating activities was RMB3.3 billion in Q1 2024, compared to RMB7.8 billion in Q1 2023 and RMB17.3 billion in Q4 2023. Free cash flow was negative RMB5.1 billion in Q1 2024.
Li Auto has launched several new models, including the Li MEGA, Li L Series, and Li L6, which offer enhanced product strengths and improved safety features. The company also published its 2023 Environmental, Social, and Governance (ESG) report on April 12, 2024, outlining its efforts to integrate sustainability and sound governance into its corporate strategies and daily operations.
Technical Outlook
Li Auto ( NASDAQ:LI ) is down 1% in pre-market trading. Since the second week of March 2024, the stock has been on a falling wedge pattern concurrently gliding reaching new support levels. NASDAQ:LI stock is about to reach the 1-month low pivot a move that will accentuate the bearish thesis.
Li auto 01/05/2024Li auto filled the imbalances in discount area. We are above the weekly and monthly level which is nice. If we pass the red box then we can aim for higher prices.
And we are currently above our HTF EQ level. Price can bounce from current level.
LiLi auto.
We're looking for the completion of the 2nd wave. Going long ahead of the report, targeting over the high.
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LiChina's central bank has stepped up measures to support markets.
The company has the most ambitious plan for new models, with five new autos to be launched in 2024, four of which are planned to be all-electric.Entering the BEV segment provides an excellent opportunity to capture the market.
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LI auto- 4h li auto update- price reached our anticipated area(36.27). I see a breakout candle, which means we can build our position but have no liquidity operation before the breakout candle, so we must be careful. Example entry setup on the chart. If we stop out, we'll enter our position from the lower prices.
target- 47.22
Could Li Auto become the new Tesla?If you would like to be notified whenever I post a new article, just click "FOLLOW" at the top. Also, if you would like to elaborate on a particular topic or need some advice, please comment below the article and I will be happy to help.
Could Li Auto become the new Tesla?
Li Auto (NASDAQ:LI) reported better-than-expected results for the fourth quarter and its forecast for the first quarter of 2004 was quite impressive, sending the stock soaring. Not only did it outperform competitors in the start-up electric vehicle market, including NIO (NIO) and XPeng (XPEV), but it also expects to deliver between 100,000 and 103,000 electric vehicles in the first quarter of 2004. The company is targeting a massive full-year delivery volume of 800,000 electric vehicles, the CEO said earlier this month. With an increase in vehicle margins in the previous quarter, I believe Li Auto is a solid bet in the Chinese electric vehicle market that has the potential to outperform in FY 2024.
The company stands out from other electric vehicle manufacturers because of its impressive growth in deliveries. According to forecasts, by fiscal year 2024, Li Auto could surpass the total number of deliveries in its history. In 2023, the company achieved record deliveries and revenues, and it is possible that it will reach 800,000 electric vehicles delivered in 2024. With a 182 percent increase from the previous year, Li Auto delivered a total of 376,030 electric vehicles in 2023. In comparison, NIO delivered 160,038 vehicles with an annual growth of 31%, while XPeng delivered 141,601 (up 17%). In other words, in FY2023 Li Auto grew about six times faster than NIO and 11 times faster than XPeng.
It was confirmed in December that Li Auto plans to start delivering its latest product, the Li Mega multipurpose electric vehicle, in March 2024. The unveiling of the Li Mega EV at last year's Guangzhou Auto Show was a success, with 10,000 reservations received within the first two hours after reservations opened. With a price tag of less than 600,000 Chinese yuan ($84,500), this could lead to a greater acceleration in Li Auto's revenue.
We will now analyze LI AUTO using TRADING VIEW, a key program for equity investment. TRADINGVIEW is like having an intelligent financial advisor who always offers up-to-date data on companies and uses automatic calculations to assess the potential of each company from a technical point of view.
From the overall view, it is clear that the stock is in excellent condition, with all technical indicators signaling a buy position.
Thanks to TRADINGVIEW, we can get accurate data on the company's profitability, as shown in the chart that demonstrates a steady increase in profits.
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An excellent opportunity for my investment is certificate CH1314029567, with LI AUTO and NIO as underlyings. It has a term of 24 months, an autocall mechanism that activates 6 months after issuance, and a continuous barrier of 50 percent, which guarantees protection of my capital. If the price does not fall below the barrier at maturity, I will receive 100% repayment of principal and coupons. In addition, this certificate offers monthly coupons equal to 1.50% of the total investment for a total return of 18%.
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Li Auto ($LI) Racing Higher.Li Auto ( NASDAQ:LI ) reported strong fourth-quarter earnings early Monday. The Chinese EV maker guided somewhat lower on Q1, but LI stock raced higher.
Li Auto Earnings
Li Auto earned 60 cents per ADS, up from 4 cents a year earlier. Revenue soared 130% to $5.88 billion. Analysts expected Li Auto earnings per ADS of 44 cents on revenue of $5.5 billion.
Li Auto already reported on Jan. 1 that it delivered a record 131,805 vehicles, with its cheapest EV, the L7, accounting for 52,552, or 40%.
Li Auto Outlook
The EV maker forecast Q1 revenue of $4.4 billion to $4.53 billion, up 66%-71% vs. a year earlier in local currency terms, though that's below analyst forecasts. Deliveries are expected to be 100,000-103,000, up 90%-96% vs. a year earlier but down from Q4's record 131,805. That's also under Wall Street targets.
Li ( NASDAQ:LI ) delivered 31,365 EVs in January, up 106% vs. a year earlier but down 38% vs. December. That implies February-March sales of 68,635-71,635.
China auto sales are typically weak in January-February. Sales tend to peak at year-end, while the extended China New Year holiday has a big impact on production and sales.
Li Auto ( NASDAQ:LI ) will report February sales on Friday, March 1, along with XPeng (XPEV), Nio (NIO) and several other China EV makers. EV and battery giant BYD (BYDDF) will report on March 1 or 2.
Li Auto Upcoming Models
Li Auto currently sells three premium SUVs, the L7, L8 and L9. All are extended range electric vehicles (EREVs), essentially a form of plug-in hybrid.
On March 1, Li Auto ( NASDAQ:LI ) will formally launch the Mega MPV, or minivan, its first fully battery electric vehicle (BEV). That had been pushed back from early in the year. The electric MPV, or minivan, segment is getting crowded, with the Li Mega joining the less expensive, but still premium, XPeng X9 and BYD's Denza D9.
Li also will unveil the 2024 versions of the L7, L8 and L9 on March 1. The automaker also plans to launch three more BEV models in the second half of 2024.
Li Auto Stock
Li Auto stock jumped 19% to 41.44 in Monday market trading. Shares are down 7% in 2024 of Feb. 23, but have rebounded strongly since hitting a seven-month low of 26.43 on Jan. 22.
LiLi Auto Inc is a China-based new energy passenger vehicles (NEV) automaker principally engaged in the design, develop, manufacture and sales of smart electric vehicles.
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LI AUTO TP 35 BEFORE EARNINGS Li Auto, a China-based electric vehicle (EV) manufacturer, has been receiving positive attention from investors and analysts. Here are some reasons why:
Ambitious Goals: Li Auto’s management has set an ambitious vehicle-delivery goal1. They aim to sell at least 400,000 units of the Li L7, Li L8, and Li L9 in 20241, which would exceed their total of 376,030 vehicles sold in 20231.
Innovative Ideas: Li Auto is trying out an interesting idea similar to what Nio is doing1. This could be referring to Nio’s flagship showroom, known as Nio House, which is a unique vehicle showroom that resembles a home1.
Strong Partnerships: Li Auto has a partnership with Nvidia, where Nvidia’s Drive Thor autonomous driving chip will power Li Auto’s ET9 electric sedan1.
New Launches: Li Auto is gearing up to launch its flagship multi-purpose vehicle, the Li MEGA, on March 11.
Positive Analyst Recommendations: Li Auto Inc. Sponsored ADR currently has an average brokerage recommendation (ABR) of 1.10, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations made by five brokerage firms
LI Auto Options Ahead of EarningsIf you haven`t sold the Top on LI:
or ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of LI Auto prior to the earnings report this week,
I would consider purchasing the 38usd strike price in the money Calls with
an expiration date of 2023-11-24,
for a premium of approximately $2.93.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Do Li's electric vehicles are charged enough for Q4? One of my favourite ideas in electrical vehicle space - China's Li.
Mid-term price structure still looks bullish to my eyes, despite Sep's sell-off bellow 50D MA. While the price is still under it (what is a "no-go" rule for any substantial long trades for me), I do like how price managed to find foothold slightly crossing below the ideal support zone.
In the ideal world, I would argue that price is trying to form the bottom of what will later form into the lower are of a cup. That means that the price needs to hold above 33 area and start building the right side and later the handle of the reliable cup-and-handle pattern.
In the short-term, I want the price to reclaim 21ema and fill the gap-down, happened late September. If the price follows through, we will see the key moving averages ordering into the right bullish sequence: 8ema/21ema/50ma what will probably provide us with the MA's crossover and at least several days tight cheat area with low risk-entry point.
The fundamental side of Li's story makes almost the perfect case for the next up-cycle's true market leader: top-level triple digits earnings and sales growth last quarter, consistent double digits 3 quarters sales growth; super high annual earnings estimates. I would place a bet, that if price manages to move above 50D MA, institutional sponsorship will be increasing providing the fuel for the suggested bullish scenario.
LI Auto Options Ahead of Earnings If you haven`t sold LI when they reduced the delivery outlook:
Or on this Earnings Release:
Then Analyzing the options chain and the chart patterns of LI Auto prior to the earnings report this week,
I would consider purchasing the 20usd strike price Puts with
an expiration date of 2024-5-17,
for a premium of approximately $0.60.
I think there is still some upside momentum left, followed by a big selloff by the end of the year.
Looking forward to read your opinion about it.
