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
ملاحظة
Shorted 32, and Praying.ملاحظة
Reshorted 31.5.ملاحظة
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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