Gabriel_Stellar

LI AUTO INC is headed to minimum $80 - Elliott Waves

Long
Gabriel_Stellar Updated   
NASDAQ:LI   Li Auto Inc.

Hello investors!

LI AUTO just started the impulsive wave 3 which is headed to minimum $80. Second wave retraced perfectly to golden ratio 61,8% level (ideal to long from there)
Next level is also the 161.8% extension
Keep in mind that $80 is actually the minimum level to be reached, but extensions often go all the way to 261.8%, and even 461.8% or more. This is how important is to ride the right wave!

I'm in!
Comment:
as long we are above this trendline we are in a positive area. If broken with large volume step out
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.