So LI… so many lines, trends, patterns, tbh I kinda like LI’s chart. So what we got, we have very strong trend line since the IPO I think (purple line), we have bullish flag pattern, we have triangle, and we now have channel down. So my play will be right now to wait, patience is the key right now, the smart move will be to wait till the price break up the current down trend that began few days ago(pink line) and to break up the flag, triangle and resistance at 31.59, when this accrue and with some confirmations of indicators I will 100% will take the trade with tight stop loss below the triangle.
Please tell me what you guys think
Please tell me what you guys think