$Li Auto (LI.US)$ Nothing is positive, at least until Q3. my new downside target is $9

$Li Auto (LI.US)$ Nothing is positive, at least until Q3. my new downside target is $9. More pain is yet to come. Highly risky and risk reward is not positive over $17. I shall wait for my target and will add to my portfolio near my target price. Otherwise, there are too many others in this sector that are still attractive for the medium and long term.

My research and analysis are not advice or recommendations. It's for information and knowledge purposes only. Any research , analysis, information, or other material received should not be construed as individualized investment advice. Investment decisions should be made as part of financial goal, risk appetite, duration, etc for your overall portfolio strategy, and you should consult with a professional financial advisor, legal and tax advisor prior to making any investment decision.