Xiaomi shares recently attempted to break above the HK$16.98 resistance level. This level should still be breached as part of the turquoise wave 3. However, we think it is 30% likely that the price is more likely to form a deeper beige wave alt. II.
Drawing the 2 bearish trend lines, we can see that this stock is soon to break out soon. 2 Options - await pullback and go long OR wait for it to break the main bearish trend line around 15 dollars before going LONG. This approach is more conservative and less risk taking but the downside is buying at slightly higher price. Please DYODD
Xiaomi stock has retreated somewhat in recent days. Nonetheless, we are sticking to our primary assumption that the price is likely to surpass the highs from November once again as part of the magenta wave (B) in order to form the high a good deal further north. Accordingly, we expect a return to this short-term bullish path in the near future. It is important to...
Hi, according to my analysis of Xiaomi shares. There is a wonderful investment opportunity with the stock breaking the support at level 11. And breaking the descending channel with a very positive green candle outside the pattern indicates a strong entry of buyers. good luck for everbody
TADAWUL:1810 It is still down to the designated demand areas and from where it is our point of interest on condition of entry
Hi, let's take a look at the XIAOMI stock chart. I see two entrances there. At the lower range if the price is not able to get out of the range. Or after a breakthrough and subsequent diagonal resistance retest.
Xiaomi’s share price probably found its long term base with double bottom pattern at support zone.
1810 is trending up if you have just hold it to next target if not start thinking buying it
Xiaomi great fundamentals, growing balance sheets, growing profits. completes harmonic pattern we can look to buy some shares and aim for the 30 mark.
Xiaomi currently in demand zone where it last touched and rose rapidly to ATH 35.9 Big hammer wick on 15 Mar, buyers flooded in to reverse downtrend sharply Chinese markets proven to be resilient, and Xiaomi is the largest phone producer in China, expanding its products into EV vehicles in the future. This is not only a good buy, but good for long term hold...
A rise in the form of three waves and a diagonal and then a fall in the form of an abc and a diagonal show that we are in a larger scale in a triangle or a structure like this +The analysis is based on the fact that the United States reached a trade agreement with China to prevent its enemies from uniting.
TICKER CODE: 1810 Company Name: Xiaomi Corp Industry: Technology | Consumer Electronics| Hong Kong Position Proposed: SELL Technical Analysis 1. Rising Wedge / Pennant (Forming) 2. Fibonacci Exhaustion Level at Final Peaked 4.236 3. Potential to reach Fibonacci Retracement to reach 0.786 after Flagpole completes 4. Potential Break and Retest of Area of...
Questions that traders and investors constantly asked themselves - Now that I am in the trade and have made some profits, do I sell now and lock in the profits ? Questions that new traders and investors also asked themselves - Now price is so high, when is a good time to catch the low and get in or should I chase it higher ? Today, we see many HK/CHINA stocks...
Xiaomi has strong fundamentals and is on a strong rally, look to buy on weakness or invest longer term, price looks to have formed a cup and handle and broken out.
We saw that the market is now above the VWAP, if you are already in a buy position, you should prepare yourself to sell your shares because the 200MA indicates that the market may go down furthermore
You should be aware of this green trend line, the market may go down until the the test of the green trend line, but we are well supported with the 200Ma, so we are not against the market but for now the market might take a corrective wave :)