IPO swing tradeWith the hype surrounding EV manufacturers right now, the potential for this fresh IPO to reach new highs is good in the short term. Looking to go Long if we break 17$ with target at 19-20$ and stop loss if it dips under 16
LI trade ideas
LI Auto IPOElectric SUV automaker from China IPO today an hour ago. I have no idea where this one is going. Just spreading the word.
$LI is giving a GREAT IPO LONG opportunity todayIPO intraday trading strategy idea
Li Auto is a Chinese electric-car maker.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long position from $17,25;
take-profit — $23,80;
stop-loss — $15,00.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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