bumpy9mm

LI auto (chyyna ev)

Long
NASDAQ:LI   Li Auto Inc.
even though this is a chinese company, could be a play at these levels. what a beautiful chart too. some kinda XABCD at the top of the craze, nice triple top to mark the top of the range, after the demand line broke, & nice consecutive higher lows x3 to mark the bottom...also the historical former resistence level holding. possible turbulence at the $30 level, but w a stop just below the iceline it's still almost 3:1 just to there. i don't see why this wouldn't retest top though after that conf. triple bottom. slight edge on the macd & rsi w this latest low, lets go!

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.