Li Auto Inc.
Long
Updated

$LI might hit $42-47 by 2/24-3/2

379
Dear value trader and holder, as you know LI Auto is a company that will grow overtime. It has some strong competitors in China and around the glob, but so far LI has been performing better than the rest (not stock-wise!) and should have a decent sustainability in the long run compared to other local EV companies. So if you are a value trader or a holder, I encourage you to keep your stock and don't sell it.
Swing traders please read the following: The consensus for average price target is around $45-47 and as you can see in my chart, the technical analysis also shows a huge upside potential within the next month or so. Make sure to buy the dip and be ready to sell anywhere between $42 to $47.
Trade closed: stop reached

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