Li auto, another good option

NASDAQ:LI   Li Auto Inc.
It is near a good support level around $30, almost 40% below its November all-time high.

It comes down after a triple top.

The most that could fall is to $26.

It has the potential to return to its previous high at $36 and if the trend continues, to go as high as $48-50.

It is backed by Credit Suisse, Morgan Stanley, Bank of America and BlackRock

"Li Auto Inc., also known as Li Xiang, is a Chinese electric vehicle manufacturer headquartered in Beijing, with manufacturing facilities in Changzhou."


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