LI AUTO INC is headed to minimum $80 - Elliott Waves
Updated
https://www.tradingview.com/x/J47cbaAf/
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!
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!
Note
as long we are above this trendline we are in a positive area. If broken with large volume step out
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