MrxMvP

Li Auto Why so sideways?

Long
NASDAQ:LI   Li Auto Inc.
Li Auto was looking very good to me, but now I'm not so sure. Typically, the textbook Bull Flag that it created would already have experienced a breakout. The elongated symmetrical triangle is also not sending any clear signals of which way it'll go. With volume low and earnings looming, we have seen LI find support and cool off. I still remain bullish behind the company. Expecting breakout in the coming weeks, especially behind good earnings. Only Time Will Tell. *NFA*
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