RY 174.39 2.4016% SHOP 149.115 2.5974% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954% WCN 264.27 1.3305% L 177.71 0.2539%

blue-chip

One NASDAQ- Listed Motor Vehicle Stock at Resistance Level: LI

Sep 24, 2024 | Team Kalkine
One NASDAQ- Listed Motor Vehicle Stock at Resistance Level: LI

LI
Investment Type
Large-cap
Risk Level
Action
Rec. Price (US$)

Li Auto Inc.

Li Auto Inc, (NASDAQ: LI) is a company mainly engaged in the design, development, manufacture and sale of smart electric vehicles. The main products include Li MEGA, high-voltage battery electric vehicle; Li L9, a six-seat flagship family sport utility vehicle (SUV); Li L8, a six-seat family SUV; Li L7, a five-seat flagship family SUV. 

As per our previous US Dailies report published on ‘LI’ on 20th Sep 2024, Kalkine provided an Speculative Buystance on the stock at USD 21.36 based on technical analysis and the stock price has now moved by ~15.73% since then and is trading above resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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