Hello, after the harsh Xiaomi rise last year, Xiaomi went in for a correction and it seems we are seing one more leg down.
Im not shorting it, nor recommending to.
But ill buy a big chunk of it arround 0.5 fib zone which i marked in the charts as i think xiaomi is going to be big in the future.
Recommending to hold it longterm.
dyor
Xiaomi mainly benefited from its continuous expansion of the user scale in key overseas markets and the establishment of extensive and in-depth cooperation with the world's leading Internet companies.
Xiaomi published its Q2 2021 financial results on August 25 2021. It is worth mentioning that the total revenue and adjusted net profit of the firm reached a record...
Among the 45 largest (by market cap) publicly traded EO500 companies, 16 firms saw their overseas revenues increasing in 2020. In this regard, BYD, Xiaomi and Tencent were among the best performers, with year-on-year growth of 203%, 34% and 103% respectively.
Xiaomi (01810:HK), established in 2010, has emerged as a top consumer electronics brand. The company...
This is an interesting asset due to the price and also because it is in a support region that favors buying.
We must consider that competing companies will launch products soon, we must carefully monitor during the launch period.
Xiaomi's official Weibo showed that the company's investment in technology research and development (R&D) had increased steadily over the past two years.
On August 8, Xiaomi officially announced that its investment in R&D has increased at a compound annual growth rate of 30% in the past two years. In addition to wired and wireless fast charging, the company also...
Hello Traders,
Update for XIAOMI!
At January 4th, the stock set it's ATH @ 35.90 HK$! Since, the stock is in a corrective mode, which is not done to the downside.
Either we see a wave 3 at the top and wave 4 was done on March 8 @ 20.65 HK$ or, and it would fit much better to my view, we have a complete 5 waves at the top, with a wave a/w at 20.65, a wave b/x at...
5G devices' sales in China are growing fast.
On July 6, market research firm Strategy Analytics reported that Chinese brands including OPPO, vivo and Xiaomi have reached a staggering number of sales – around USD 15 billion – in Q1 2021, twice that of LTE in the same period.
Data shows that Chinese smartphone manufacturers are rapidly transforming from 4G to 5G....
There are investments that have nothing to do with the chart, with technical analysis. Obviously, you keep an eye out to check that things are not too bad (or too good) to try to get into the best time. And this is where technical analysis once again proves to be very important.
I had decided to invest in Xiaomi already in January, following the budgets, the...
. This company is growing fast and already in the money. 2020 Net Profit is around $3,000,000,000
. CEO is China billionaire. Also used to be angel investor
. This company started as software company but ended up making their own hardware. They were unhappy with other companies hardware
. Expanding now to EV and OS system.
I've been quite impressed with Xiaomi products, not just their innovation in smartphones, but their appliances which I use at home and see around the office (eg vaccuums, air purifiers). They have impressive growth in markets outside of China (Europe, Asia - SEA, India) and continue to expand their innovation and product offering - news even about them investing...
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...
To be clear! To me this is one of the most difficult analyzes at this point in time!
BUY LIMIT
Entry: 2.20 EUR
Target 1: 2.90 EUR
Target 2: 3.10 EUR
Target 3: 3.60 EUR
1.) Xiaomi shares are sinking after the US government added the smartphone group to an investment blacklist, in a move that is likely to thin its ranks of American shareholders. (Jan. 2021)
2.)...
The candles are moving according to the pattern of Flat Top.
Referring to Fib Retracement of last top, clearly seen that Yellow hidden line is one of the Support around 26.75, eventually the Flat top to be broken also falls around 26.75.
Let see if it can break, and surge to 30.00.
