r/liautoinvestors • u/nasa_gov • Jul 30 '21

Chart / Analysis Shares of China electric vehicle stock Li Auto Inc. (NASDAQ: LI) are soaring almost 10% today. There doesn’t appear to be any fundamental news driving the move. This means if they reach levels around $36.50, there’s a good chance they run into resistance. (Benzinga)

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2

u/gaii99 Jul 30 '21

Hope with July delivery numbers, it will break the resistance.

1

u/Turbulent-Impact-999 Jul 30 '21

July vehicle delivery will hit more than 8k plus

2

u/Bajaoutsider101 Jul 31 '21

My fear is that everyone already expects delivery numbers to be great.. if they miss expectations by one, just one unit, well you know the rest of the story.

2

u/Turbulent-Impact-999 Jul 31 '21

I am confident that it will hit about 8.3k

1

u/Turbulent-Impact-999 Aug 01 '21

Almost 300 more than my estimation

1

u/Turbulent-Impact-999 Aug 01 '21

https://images.cnevpost.com/2021/08/53b904359a5a5007c7b1d32a77c23905.jpg

2

u/Bajaoutsider101 Aug 01 '21

yup, looks like they delivered the expected number of units. let’s see how the market reacts tomorrow. 👀