Hoping Li can regain its spark #stocks
Li is current reversal play in the portfolio with a stop below 26. After a brief exit to the downside from the near term range (rectangle box), the stock has reversed back up into the range. I am playing for a further breakout above 35. The stock is very volatile so I am giving it room. Todays down move and anywhere between here and the 27 area are still buying opportunities as long as the reversal structure stays intact and we can get some positive rate of change.
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