Li Auto Inc. LI

The next resist is at $42.

For people want to learn stocks find me on Instagram #crazydance.

For people who don’t know about stock market and watch news to predict prices of stocks, I teach you a masterclass here, set all you indicator to 20 days average.

Don’t just look at the price. If someone says the price don’t trust him. Look at the performance and watch the trend it created. Price doesn’t matter in stock market.

People think it is cancer. It it because it is in a weak market. You have to match the growth with market Index. And you have to check with the Hongkong market and compare the trend and market cap etc. This is no longer a money game time back in last year when everyone got crazy. This is real game time for a real capital game. The reason of price drop this morning is because capital is still washing out some individual gamer in the weak market. Individual player sees a big growth at market open and there must be someone sold the share immediately and causing price drop and then buy back after drop. This is what happened yesterday. Exactly the same today.

$LI s position is totally different from $NIO. $LI is a progressive going up position in a weak longing market. It had several washes. That is why $LI is still growing and but slowly. $NIO is still in a slow recessive time. There are so many road bumper in front to $NIO. It is still going to be bumpy.

I just finished my laundry for the week, then I saw own my earning of the day is gone! Wow washing is not good.

I don’t know. It is fun to watch people’s commenting. Someone are sure this stock will go for $40+. Someone wants to short it as it won’t go beyond $33. People always want to have a big jump next day morning and be rich. I won’t sell the stock today. Nothing wrong with it for now.

Investors Biz Daily is pushing $LI BIg time

???next support is $33? Why? There is no support after 30.50. The pressure line is around $35. As long as it can long over 35, it flys otherwise disoriented bumpy still.