Li Auto :
- stage 2 breakout
- breakout in week2.5.2023
- above average volume
- RSI Rangeshift
Price, Volume and MA all confirm Stage 2 breakout and today it showed a continuation breakout at open with a gap up which is ideal buy for retail traders
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...
