Xiaomi appears to have hit the bottom and appears to be on the recovery after a morning star session. The DOM also looks good where the buyers are overpowering the sellers. Good for a long market entry for Xiaomi:
- Entry: 10.22
- SL: 9.66
- TP: 11.61
Not sure what is the fundamentals behind it?
- New products?
- Thawing of the trade war between...
I have received a ton of questions about Xiaomi recently. People are in a rush to buy the discounted stock...
Me. Even I love Xiaomi as a company and use multiple products. I will hold myself from buying Xiaomi stocks yet.
Just some numbers to think about.
Xiaomi Market Cap 246.469
Apple Market Cap 720.301B
In my humble opinion. Both stocks are INSANELY...
Xiaomi shows some signs of reverse / end of correction / around listing price. However locally Xiaomi is on the downtrend side.
Reasons to be bullish include an expected surge in revenue and earnings, driven by Xiaomi’s focus on Internet services and its increasing share of the hardware market in China, according to notes seen by Bloomberg. In a 63-page note to...
Slowly coiling up here after its run up and pullback
Looking to see some bullish Price action
MACD Looking for a break out
RSI is about to hit oversold
0.786 (17.56) Fib Retracement/Support
Yesterday, one of the leaders in the global smartphone industry Xiaomi held initial public offering of shares on the Hong Kong Stock Exchange. So far, it looks like a complete failure (of the planned capitalization of $ 100 billion it was possible to reach only about $ 50 billion), but we consider this as an excellent investment opportunity and we will outline our...
Many people ask me about my thoughts of Xiaomi IPO and what i think is:
I personally like/love Xiaomi products. But i will skip this IPO and continue specializing on the small tech IPOs.
What i think of IPO as investment:
- Overcrowded (mostly with people who don't participate in IPOs)
- low demand (read latest news, price range reduction).
- its from China...