Mi within this upward trend is safe. Price increased with big volume, price retrace with small volume. Good Sign of Shark collecting MI share. Looking forward to achieve higher price.
Comment:
Mi needs to rest
Today Mi upward trend has broken. As you can see from today, once the trend breaks 4.15 line, the price drop very fast to 4.06 and rebound back to 4.8 in last minute. Luckily the volume is small. Mi might be going to do correction and showing a sideway trend, as Mi has increased 70% started from 1st of July to 5th of August.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Today Mi upward trend has broken. As you can see from today, once the trend breaks 4.15 line, the price drop very fast to 4.06 and rebound back to 4.8 in last minute. Luckily the volume is small. Mi might be going to do correction and showing a sideway trend, as Mi has increased 70% started from 1st of July to 5th of August.