Chart of the Day: Chinese Electric Car Stock Rallies and Pulls Back


Most Chinese stocks remain well below their 52-week highs, but not Li Auto.

Let’s consider some of the patterns on the Beijing-based maker of electric cars and SUVs.

First you have the level around $33. It was the opening price on December 3 when news of Didi’s delisting hammered Chinese stocks. LI briefly …

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Li Auto (LI), daily chart with selected patterns and indicators, courtesy of TradingView.
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