Li Auto LMAO why wouldn't you short it. $24.50 Rebuy.
Negative short term moving averages
Negative Tom demarks sequential
Also announced a Stock offering - creating more sell supply. (TSLA stock offering = crash, DKNG offering = crash)
The confluences:
The 4 HR and Daily TD support Both @ 24.80
0.786 Fib at 24.50 - Roughly 55% crash from top
50 Daily moving average
Would look to rebuy Li At 24.50ish
Negative Tom demarks sequential
Also announced a Stock offering - creating more sell supply. (TSLA stock offering = crash, DKNG offering = crash)
The confluences:
The 4 HR and Daily TD support Both @ 24.80
0.786 Fib at 24.50 - Roughly 55% crash from top
50 Daily moving average
Would look to rebuy Li At 24.50ish
Note
Shorted 32, and Praying.Note
Reshorted 31.5.Note
So many people keen to 'buy this dip' They're all in for a surprise...
To me it's a classic bubble pattern, the denial stage, hence we should wait for capitulation, may go well below 24.50.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.