Li Auto Inc LI Technical Analysis

Source: Stock Traders Daily

Longer Term Trading Plans for LI
  • Buy LI over 29.05 target 37.45 stop loss @ 28.97 Details
  • The technical summary data tells us to buy LI near 29.05 with an upside target of 37.45. This data also tells us to set a stop loss @ 28.97 to protect against excessive loss in case the stock begins to move against the trade. 29.05 is the first level of support below 29.68 , and by rule, any test of support is a buy signal. In this case, support 29.05 is being tested, a buy signal would exist.

  • Short LI under 37.45, target 29.05, stop loss @ 37.56 Details
  • The technical summary data is suggesting a short of LI as it gets near 37.45 with a downside target of 29.05. We should have a stop loss in place at 37.56though. 37.45 is the first level of resistance above 29.68, and by rule, any test of resistance is a short signal. In this case, if resistance 37.45 is being tested, a short signal would exist.

Swing Trading Plans for LI
  • Buy LI over 31.06, target 37.45, Stop Loss @ 30.97 Details
  • If 31.06 begins to break higher, the technical summary data tells us to buy LI just over 31.06, with an upside target of 37.45. The data also tells us to set a stop loss @ 30.97 in case the stock turns against the trade. 31.06 is the first level of resistance above 29.68, and by rule, any break above resistance is a buy signal. In this case, 31.06, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short LI near 31.06, target 29.55, Stop Loss @ 31.15. Details
  • The technical summary data is suggesting a short of LI if it tests 31.06 with a downside target of 29.55. We should have a stop loss in place at 31.15 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 31.06, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for LI
  • Buy LI over 30.24, target 31.06, Stop Loss @ 30.17 Details
  • If 30.24 begins to break higher, the technical summary data tells us to buy LI just over 30.24, with an upside target of 31.06. The data also tells us to set a stop loss @ 30.17 in case the stock turns against the trade. 30.24 is the first level of resistance above 29.68, and by rule, any break above resistance is a buy signal. In this case, 30.24, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short LI near 30.24, target 29.55, Stop Loss @ 30.31. Details
  • The technical summary data is suggesting a short of LI if it tests 30.24 with a downside target of 29.55. We should have a stop loss in place at 30.31 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 30.24, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

LI Technical Summary | Raw Data for the Trading Plans

Term →Near Mid Long
Bias Weak Strong Strong
P1 0 0 22.03
P2 29.23 29.55 29.05
P3 30.24 31.06 37.45

LI Long Term Analysis for September 15 2021


LI Swing Trading Analysis for September 15 2021


LI Day Trading Analysis for September 15 2021

This proprietary methodology is designed to optimize trading in Li Auto Inc (NYSE: LI) and establish prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for LI change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if LI is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for LI too.  All of these are offered below the Summary Table.

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