Off your game?

Read our free, updated as of Mar 3, 2022, Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Your email will always remain private.

Undercut & Rally - Li Auto (LI) U&R plus Five 10/1/20

Chinese EV maker Li Auto (LI) posted a U&R five days ago on the chart and is now pulling into the 20-dema where it could offer a lower-risk entry using the 10-dma or 20-dema as tight selling guides. Chinese EV makers have mostly been down on the day on news that Tesla (TSLA) is introducing lower priced vehicles into China.

Nio (NIO), another Chinese EV maker is holding up on a recent breakout:

Meanwhile, yet another Chinese EV maker Xpeng (XPEV) is pulling into its 10-dma after posting a U&R five days ago on the chart in a manner similar to LI.
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2022 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2022 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy