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.
For another interesting Chinese stock, we're looking at the mobile phone manufacturer Xiaomi, trading on the Hong Kong Exchange. Hence, we're dealing with the Hong Kong Dollar, not the US Dollar. Overarchingly, we are also in a Wave III here. Wave II concluded its correction with a double bottom at HK$8.28. This chart adheres well to the Elliott Wave structure,...
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...
Xiaomi stock struggled to continue its uptrend last week and is currently trading slightly lower. However, we see this as a normal counter-reaction to the strong price gains and part of the substructure of the magenta wave (y), whose top and thus the end of the same-colored wave (B) should be in sight further north. Therefore, we expect that the bulls will soon...
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
Xiaomi's Internet Business Arm Expands Partnership with Digital Turbine to Power Global App Recommendations. The partnership expansion is the next step in Digital Turbine and Xiaomi's relationship, elevating the quality of app recommendations to Xiaomi smartphone end users around the world. Digital Turbine, the company that connects the mobile ecosystem through...
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.
MI XIAOMI INC weekly - Expected move - Opportunity
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...
Look at that pinbar and the two targets ahead. This is interesting.
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.
Hey Investor, please see my current idea on the Xiaomi stock, where my count suggests a possible bottom for a trend reversal in order to make new highs. This is calculated based on my Elliot Waves Count by the fact, that wave C has the same length as wave a. I have checked the inner structure of wave C in order to check the inner structure of this wave. Based on...
Bearish momentum weakens slightly..........................................................<>
As of Q3 2021, Xiaomi has invested in more than 360 companies, with a book value of CNY 59.1 billion. Xiaomi releases its Q3 earnings report for the period ended September 30, 2021, on November 23. - Internet service revenue was CNY 7.3 billion, a 27.1% year-on-year increase, with 73.6 gross margin - IoT and consumer products business revenue was CNY 20.9...
If you have been following me, you would know that I love China and its stocks. Below are 3 of my top 3 China stocks that have given me triple digit returns todate : 1. NIO : 476% ROI 2. Meituan Dianpin :158% ROI 3 . Xiaomi : 170% ROI Here's one of my favourite quotes from Peter Lynch : I think the secret is if you have a lot of stocks, some will do...