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dchua1969
Dec 11, 2019 12:40 PM

i bought the phone for its name , XIAOMI Long

HKEX:1810240
XIAOMI CORPORATIONHKEX

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In chinese, it means small grains of rice which we eat it from time to time for porridge (soft rice).

More than a handphone manufacturer, they are now aggressively expanding into AIoT.

The 4H chart shows it has break out of the bearish trend line and we are now awaiting for it to retrace to 9.48 before initiating a buy.

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Praise Lord if you have long this stock

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Thank you God. We have cleared 2 hurdles, one more to go at 11.00 and we are off to the moon.

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My wife bought one of this recently :

androidcentral.com/xiaomi-mi-robot-2-vacuum-review

This smart machine received good reviews and prompted my MRS to discard all the handheld vacuum cleaners we currently had and go for this. WOW.

Now, I have one less manual job to do at home, hmmm, maybe I can spend more time digging for better companies to invest, haha.

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Praise Lord. the price action has proven once more that the bulls are stronger than the bears with a bullish engulfing candle , closing above 10.36.

This train will move even higher once it breaks above 10.85. Find an opportunity when it pulls back and buy if you like the story of Xiaomi

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Praise Lord. It has move according to our plan. We are blessed and grateful once more.

Let's see if it can go and touch the 11.59 where there is a gap to be closed.

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channelnewsasia.com/news/business/xiaomi-to-invest-us-7-billion-in-5g--ai-and-iot-over-next-5-years-12227460

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scmp.com/business/companies/...

if this goes through, I expect the share price to soar even higher.........

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Praise the Lord daily for he is good to us !!!!

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Lord, we are grateful for your continuous blessing day after day!
up 8.5% today !!!

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scmp.com/business/markets/article/3047185/hong-kong-and-china-markets-rebound-investors-make-most-wuhan

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scmp.com/tech/gear/article/3050685/live-streaming-and-surgical-masks-chinas-smartphone-brands-adapt-business

The Coronavirus is now affecting the smartphone business as well, now that consumers are urged to stay at home and thus would not be able to visit the physical store to test out the new models launched by respective smartphone companies. Buying online is not a problem for them but having the feel of trying out a new product still remains an important aspect of customer buying experience. It remains to be seen if the online sales can level off with the shut down of the retail sales and what is the eventual impact.

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scmp.com/tech/start-ups/article/3083528/xiaomi-catching-huawei-western-europes-smartphone-market-thanks

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cnbc.com/2020/05/19/china-techs-alibaba-xiaomi-to-benefit-as-hong-kong-changes-hang-seng-rules.html

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if you review the historical pattern, you would see that the Market is not that selfish . If you missed my trade opportunity in Dec 2019 and saw it 3 months later, you are still not too late. You can still buy this great company at 9.48 and ride it to 12.70. A 3 dollar profit for holding on it for 3 months

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wow, another 7% up today !

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wait for a pullback , possibly a bullish pennant or flag signal before going long.
Trend AnalysisChart Patterns
Comments
chir912
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How about now? I think 12.46 is very big resistance... It becomes Cup and handle...
khiz
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wow great work and great news for xiaomi
dchua1969
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@khiz, hey, congrats if you have long this together with us. Now it's another buying opportunity.
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