This is simply a idea, markets are inflated at the moment and we have sharply increased in the past 3 years. You can see that Nasdaq has broken a support line that has been valid for almost 2 years now. The bottom line is looking at support as far back as 10 years. NOT FINANCIAL ADVICE. This idea is just a thought.
this is an important price due to a continuing bonce off the down trend yellow line, you can see it has bounced off this line several times therefore the resistance of this line is big, I was also slightly annoyed as LI reported record earnings and a profitable quarter but the stock went down I'm posting this because if we break this line we may break out of this...
the recent pull back is from a decrease of deliveries since last month (no surprise due to record deliveries last month) however I have calculated the average number of deliveries month over month since Q3 and used it to predict the march monthly deliveries which is an estimate/average of 5,384 and I have added up the total deliveries since Q3 and if march...
