1810 trade ideas
XIAOMI is pulling back to key support level, potential buy entryA key support level is identified according to trendline and key fib levels, our buy entry happens to be where the 61.8% fib retracement and 61.8% fib extension are. Price is likely to bounce from there if price reaches the level. Good level to go long from, in line with the trendeline we have identified on H4!
Xiaomi Upside Potential and How to invest in itXiaomi has a lot of good news recently so the stock will most likely go up.
Xiaomi made a revisit to the trendline, more upside ! Xiaomi made a revisit to the trendline, more upside ! Stochastics also support a bullish scenario!
Xiaomi. 2021 or never. What is your take ? Here s mine '
I used chart reading
Fibonacci
Waves, trends support and resistance.
I’d like to get some back up or anticipation help from macd as well
I’m investing in xiaomi as of Jan 2021 and I intend to keep that for years. how about you?
XIAOMI CUP AND HANDLEXiaomi has strong fundamentals and is on a strong rally, look to buy on weakness or invest longer term, price looks to have formed a cup and handle and broken out.
can't wait to go back on the road!need to be reacted on the upcoming support level and go back on the road again!
XIAOMI....New ATH next? Watch Tuesday!Hello Traders,
at the week of September 21, XIAOMI has finished a possible wave 4. It has start a wave ((i)) of 5 that will bring the stock to a new ATH!
The alternate view suggest, that the move from the HKD 19.40 (possible wave 4 low) is a wave ((b)) of 4, what would mean a „flat“ is underway! After wave ((b)) is done, one more corrective setback into the area of HKD 19.40 is next and after a wave 5 would start.
On Tuesday 24 XIAOMI will announce its quarterly earnings.
From the chart perspective is to observe, that the stock is bouncing below the high of 26.95 for several days. I think it could be in case of surprising earnings the stock will gap above the former high and start to new ATH`s in the coming days and weeks ahead!
The same would be true at the opposite „surprise“!
A decline within wave ((c)) of 4!
So, watch the earnings on Tuesday and stay tuned for the next update!
Have a great Sunday.....
Ruebennase
Feel free to ask or comment!“
Trading this analysis is at your own risk!
The editor of this note is still invested to this stock!
Xiaomi Xiaomi launches $60 8K streaming box in China 13Xiaomi has announced the Mi Box 4S Pro, a streaming box capable of 8K video playback. The product was revealed on Weibo and is already available to order in China for 399 yuan, or about $60.
The box has 2GB of RAM, 16GB of storage, and supports HDMI 2.1. It comes with a Bluetooth remote that offers voice control. It’s not clear exactly which services will have 8K content available, or whether there are other ways to view your own 8K files on the device.
The Mi Box 4S Pro runs Xiaomi’s own MIUI for TV software. A company representative tells Android Authority that there are currently no plans to share for a global release, although Google’s own new Chromecast is an excellent option in the US at $49.99. (But no 8K support, of course.)
Xiaomi briefly made the only Android TV streaming player that Google sold in the US, 2016’s Mi Box. The company followed up with the Mi Box S in 2018, which was sold through Walmart, though it’s now out of stock.
Xiaomi breaks through resistance- newby, but the only person you've got for XIACY in 2020 -
Xiaomi is on a roll, and as Huawei is losing market share in the west due to allegations of Chinese spying. But the market for cheap tech is booming.
They've also opened numerous webshops through Europe themselves to keep profit margins high and shipping time low.
positions:
BUY LIMIT @15.30 (first bounce, watch for price action, might drop to support at 14.00, but good price if you don't want to miss out
BUY LIMIT @14.00 (Support level, close half lot at 15.70, set SL at entry point , hold long position till 18.77 or simply forever....
What are your thoughts?
note: Samsung has brought out cheap, but HQ smartphones, so Xiaomi will still have strong competition in the market.
But definitely strongly positioned for budget smart-home tech.
xiaomi has finished ABC correction, ready to bounce further ! xiaomi has finished ABC correction, ready to bounce further !
XIAOMI - Xiaomi smartphones go through the roof and now sell betAsian smartphone manufacturers continue to gain ground: Xiaomi is conquering Europe at the expense of Huawei, and Apple has been ousted from the top 3 of the world's largest cell phone brands for the first time in years.
XIAOMI You only need one share - one strategy is all you need. Remember - do not buy until the pack has already eaten.
Important few days for SEHK 1810Xiaomi is forming a triangular wedge pattern on the daily. Both buyers and sellers are getting increasingly impatient as you can see lower lows and higher highs (blue lines). Two things can happen: (1) Buyers beat the sellers and we will see a breakout to retest all-time highs or (2) Sellers will beat buyers, key support levels will break and Xiaomi will sell off.
Given that earnings for Xiaomi is coming up soon, I am overall optimistic that we will see a run back to all time highs again. Xiaomi has also claimed the #3 spot in the mobile phone market which is a good sign.
Views are my own and are meant for discussion and educational purposes only. Please make your own investment/trading decisions!
Frustrated with recent China stocks performance ?Yes, I know , some of my newer positions are also in the red. So long as you are aware of the initial reasons why you are investing in this company, the short term drop in pricing should be viewed as a good opportunity to buy at cheaper price.
Xiaomi is one of them and I want to accumulate more of it. I have been waiting for the last one month since the tumble at the peak at 26.55. It has dropped slightly more than 25% from the peak currently and looking at the tension between China and US, there is a possibility that the sell off is not over yet.
I see some initial support at 19.10 where if I see some bullish signals, I would buy a bit. But, if it falls through this support and heads to 16.90 , at that level , I will buy slightly more.
One thing we need to know about price action is that it is a rough guide where the price will come to. If for example, it hits 19.10 and because you only wants to enter at 16.90 and the Market did not meet your expectations, then at a later stage, when you look back , you would realise a costly mistake. This does not work just for this share but countless stocks out there including indices, currencies, commodities as well.
Separate your trading portfolio from your investment portfolio so that you will not use excessive funds and miss out great buying opportunities in the investment side as Market presents it to you.
