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?
- Oversold?
- Thawing of the trade war between...
Fundamentals specific to XiaoMi remain strong. This bearish move from the sudden flood of locked up shares comes amid a broader market rally. Take advantage of this single event as shorts anticipating this sell off covers.
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 has fallen hard from the IPO, but has hit a bottom and will not start to climb back up built off new phones and increased phone services. Huawei will probably always be the top in China but Xiaomi will be a strong #2 in the market and a top 10 in the rest of the world.
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...
