Li Auto, Inc. Sponsored ADR Class A
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LI: How low can this go?

512
A falling wedge, an oversold RSI with low volumes. If these are not bullish signs and doesn't make this stock to trend up then nothing else will. If LI doesn't go up beginning next week, then it's not possible to say where it's going to stop, maybe under 10? Bearish Market is not giving up and inflation is looking hot these days so I'm going to stay in cash and avoid buying in until LI is closes above 23-24.
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Hit 20 and it is out of its downtrend channel.
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We are going for another run probably for $30 after some correction in mid 20's

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