$Li Auto(L_老虎社区_美港股上老虎

2022-03-06

$Li Auto(LI)$Sellers are back!
6/3/2022
Li Auto (LI) weekly chart
HUGH sell down back in 29/11/21 not only invalid H&S bottom, but turned out to be a massive resist whenever share price move up to test $30 ~ $32.50 range
repeatedly accompany with strong sell down candles
ALL EMA 10 / 20 / 40 are merging, signalling an upcoming trend reversal
RSI downtrend resist remained

Expecting share price to dip further back to $22.50 or even $17.50

Void if share price move back above $30 on strong weekly volume (preferably > 100million shares)

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