Now an unusual entry, a Chinese Stock Xiaomi, Harmonic pattern is complete and we can look to buy some Xiaomi shares and aim for the two targets shown on screen or possibly higher.
1810 Key levels, Analysis & Targets
China releases lockdown soon, good for stocks
,and Time frame day born " Bullish Divergences " in MACD & RSI Indicator
Bear Market regression to mean.
Bull divs forming
China looking to come out of lockdown
Xiaomi has a lot of military connections
Looking to buy at $10 then sell the 200MA
read this latest news here
I am bullish on Electric cars market in China and I think Xiaomi entry into this market in 2 years time will create more demand and competition for the EV market. That explains why I am adding more to LIT ETF as this is going to be a game changer for the automotive market in years to come.
Xiaomi currently in demand zone where it last touched and rose rapidly to ATH 35.9
Big hammer wick on 15 Mar, buyers flooded in to reverse downtrend sharply
Chinese markets proven to be resilient, and Xiaomi is the largest phone producer in China, expanding its products into EV vehicles in the future.
This is not only a good buy, but good for long term hold...
Those who followed me knows that I am quite heavy on my China portfolio and Xiaomi is one example here .
We can see from chart that it has fallen more than 40% from the peak and followers are concerned and some getting panicked about selling.
The Chinese Government are concerned and have offered "helicopter money" to the much needed stock market ! Read article ...
Xiaomi after the stock plummet almost 70% from the all-time high due to the debt crisis in china back in 2021. I personally expect some kind of bounce back from this level and if the coming earning report turn positive the bounce will be massive
Along with the bounce of other Chinese stocks like BABA,DIDI,NIO,XPENG. in My opinion Xiaomi will do the same...
But...
Hello Traders,
XIAOMI, the Chinese smartphone maker, is showing weakness since weeks.
The stock has fallen down to 12,74 HK$, and it seems there is no „tomorrow“ for XIAOMI!
But, is this the truth?
Let's check the stock.
Arguing that the rise from 8,28 to 35,90 HK$ was a complete impulsive move, the correction is a wave 2 of „intermediate degree“! That means, most...
Hello i believe Xiaomi will bounce bullish from this support, with enough time it will propably go back to ATH.
It would be a good opportunity to hold it longterm from this supp.
I may even use a little leverage with sl below that supp.
DYOR.
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...
Based on nothing, I think that new uptrend is coming :D ;) ...it was a joke, but truly Xiaomi has a big potential and if you read this, you know it... never too late to buy
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...
as i look into this counter for few months, xiaomi is worth to take a look and if it still support strongly at 24 and if it break 26, then can go more higher.
be patient.
