Li Auto LMAO why wouldn't you short it. $24.50 Rebuy.

Telah dikemas kini
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
Nota
Shorted 32, and Praying.
Nota
Reshorted 31.5.
Nota
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.
Technical Indicators

Penafian