LI trade ideas
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.
LI AUTO AnalysisCongratulations to people who made 103.58% PROFIT less than 2 months by listening EngineeringRobo's BUY signals!!
There are 3 BUY signals are present at the moment and the candles has reached to my resistance level (35.47), so if you are holding LI stock, you can take profit at the resistance level (35.47) or wait for EngineeringRobo's SELL signals to be present to sell.
Also, if you haven't bought LI stock, you can buy when the candles open-close above resistance level for 1D.
After you buy, please watch out for EngineeringRobo's sell signals and consider selling it.
Li Auto LongThis is my Li Auto Chart. Again this is just my second chart ever. I would appreciate all of your critical feedback so that i can learn more.
By my current analysis, if Li Auto continues to fall it seems that the previous pattern between September 11 and October 13 will repeat by the way the candles are at this time.
This would result in the cycle completion Around November 11 at which point we should see an increase in the price.
I have a call with a strike 22.50 in for November 20. And by my current analysis that we should be at approximately 23 dollars by November 20.
Again this is just my analysis and what i have please do not take this for granted or as financial advice this is just my prediction if the stock price were to follow the previous trend.
Again thank you for your feedback. I am looking to learn a lot more so i appreciate your critical feedback.
The EV Market in China is boomingSome news worth knowing before you decide to partake this trade.
Read articles here , here and here.
Are we seeing an overcrowded EV manufacturer in China ? Of the 4, I am blessed to find an opportunity and invest in NIO .
I will monitor both Li Auto and XPEV over the next few months and see how their performance. You can see both NIO and TSLA are reaching a resistance level. So, it would need some correction before any trend continuation, if any.
The support for LI Auto is 14.60. There is a possibility that it might goes below that given the sanctions that US is imposing on China. President Trump's trump card is bashing China and you can see together with his team, they are relentlessly finding every opportunity to belittle, humiliate and gathering alliances around to whack China hard.
As a result, we can see over the last few weeks, many stocks like Meituan Dianping , ZA online and Tencent (to name a few ) share prices have fallen quite a fair bit.
So, exercise caution and be a little patient for the dust to settle.
LI Auto Inc $LI (IDEA)So, this is my thoughts on $LI even though its a brand new market, i'll be going long in it ANYWAYS. For sure signs of some pull back because of its market being so young but its going to do some SERIOUS numbers for the future..
#LIAutoINC
#ElectricVehicles
#InvestSmartWAAS
#TradeSafe NASDAQ:LI
LI to Long, Hourly DemandNew IPO, not enough daily data
Hourly Demand
Hourly EMA144
Entry 17
Stop : 15
Target: 23; risk/reward=1:3
I am not a PRO trader. I need few months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.