XIAOMI broke above the descending trendline, more upside!XIAOMI broke above the descending trendline, more upside! It might retap the trendline before further bouncing ! Our pivot happens to be where the 50% fib retracement and the EMA (34) support are ! Longby ella5191
CORRECTION AND ACCUMULATION FOR XIAOMI AND LATER ATH!!!Price correction and accumulation for Xiaomi, short term correction-accumulation and medium-long term bullish!!! ATH LATERby GhettoInvestor1
Will the Xiaomi share go up again?The Xiaomi shares lost close to 23% of its value since 5th January 2021. Investors are a bit insecure because of some bad news during the past weeks. The USA put Xiaomi on a blacklist, which means that Americans will be banned from buying the shares. Furthermore, there is is a problem with the latest mobile, launched on 8th February 2021. Apparently, the problem has something to do with the battery. Those news are the reason for the dip. In a long-term scenario, the stock will most likely go up again, as the sales figures are rising. Xiaomi will resolve the problem with the phone and as Americans don't hold a lot of shares from Xiaomi, the development will not have a great impact on the long-term trend of the share price. Additionally, the company reached some solidly financial results and has a great philosophy. Long-term investors who are holding Xiaomi shares shouldn't be concerned with the latest development, even though the share price will very likely fall somewhat initially. Also, the next days or weeks might be a good chance to get in and buy some Xiaomi shares.by trading-champ0
$1810 (XiaoMi) Long AnalysisHKEX:1810 Entry price: 27.25 Take Profit: 36 Stop Loss: 25 XIAOMI might consolidate around the support area and continue in an uptrend. However, if it break below the support, then there will be a bearish trend. *This is not an investment advice* *Trade at your own risks*Longby maxtradingchannelUpdated 335
Xiaomi - Looking to Break out!Xiaomi is manufacturer for IOT products which syncs great with Apple or Android Devices. Currently its trading below the 50MA and is oversold at the moment. Support at around the 26.5-27 HKD region with the 2nd support at 22.85-23 region (close to the 200MA) The Wedge pattern is also close to the support region and a rebound is expected. this post as a great buying opportunity for as technology has been a major push / driver on a post COVID19 world. Pros Benefit greatly from the US / China Huawei Ban. Cost effective & quality products with IOT. Enhancing everyday users lifestyle at wallet friendly pricing. Single app interface to control all the products Company is on full growth model mode by not pushing on product cost NEW CFO appointed on 26 Aug 2020 with 20 years of investment banking experience & serve previouslyas a managing director and the head of technology, media, and telecom in the investment banking and capital markets department of Credit Suisse in the Asia Pacific. Cons With the recent investment ban in US, share price has been pushed lower but take note its a ban on investing on the company, not a Full Ban on doing with US Business (unlike Huawei), they are in the mist of trying to resolve but should not post much of a issue. 3 May 2021 Target Price Low - 35 3 May 2021 Target Price High - 39 Disclaimer - Invest at your own risk!Longby Furball_Machines4
Xiaomi Long ChanceWarning: This is not investment advice. Trade at your own risk. With a market share of nearly 10%, phones from Xiaomi are now the fifth most sold phones in the world. Here are the main reasons to hold Xiaomi through 2021: -Increasing market share -Solid equity for investments in new technologies -People tend to buy cheaper phones -Low P/E Ratio compared to the Tech Industry. Following the trend line in the chart, you can see that now would be a good buy for Xiaomi.Longby schneidtmanuel332
XIAOMI.....What?s next for XIAOMI?Hello Traders, XIAOMI, the Chinese Smartphone producer has probably finished a wave 5 of (!) or (A)! If so, the correction that started at 35.90 HK $ should send the share to the wave 4 level at HK $19.40 area. More bearish potential exist. While multiple options do exist, I like to see more evidence and „clearness2 for the next move ahead. I will update the count in the coming days. Have a great weekend..... Feel free to ask or comment! Trading this analysis is at your own risk! The editor is invested to this share!by ruebennase771
Oops... thin balanceHi, We face an interesting situation that replicates investor trust in Xiaomi. If the price will hit through @30, all ok = growing. If it will go below @29, then shares will crash. I like this company and wishing them bearish market. Earnings will make the significant kick. Hope to see positive results. AG by ag129772
Xiaomi may drop and tap the ascending trendline! Xiaomi may drop and tap the ascending trendline before bounce since the counter bearish trendline is not broken yet. There's limited downside there but it is good for a intraday trade !Shortby ella5192
Xiaomi short - down, long - under questionHi, I see that RSI index is pretty high (overbought). As well as there is resistance. If it hit through, then the price will bump to the next resistance according to fibo. AG PS. This is my personal opinion. Shortby ag129770
Xiaomi is oversold, could see short-term bounce soon! Xiaomi is oversold, last fibo retracement has shown that price hit -27% target and -62% target already. Buyers will think it is a good time to chip in and at least potential target could be set the horizontal pullback resistance. Uncertainties still remain for xiaomi since Trump put Xiaomi in the military list, but short-term bounce could be possible towards our target! Longby ella5190
Xiaomi Rocket?Hi, 1. I see RSI golden cross on 2h and 4h graph, although 1D is not ready to show it (but lets hope). 2. THE GAP. I should fill the previous down punch. Conclusion. It should restore position. Bull! This is my personal opinion, not an investment idea. AG Longby ag129770
Xiaomi shares fall 10% as U.S. adds to ‘blacklist’The Trump administration has added smartphone giant Xiaomi to a blacklist of alleged Chinese military companies. The move means that Xiaomi is now subject to a November executive order forcing U.S. investors to to divest, or sell out, of affected holdings of any companies on the blacklist, by Nov. 11 this year. Beijing-based Xiaomi was the world’s third-largest smartphone maker in the third quarter of 2020, according to Counterpoint Research.Shortby Shewutrade_Insights110
Xiaomi.... eeehHi, Unfortunately, we got this Trump news, and the stock crushed. I closed my position with losses thinking that it will fall down to @22-24 level. Anyway, this paper should stay heavily volatile next days. Lets wait. ps. This is not investing advice, but my personal opinion. AGShortby ag129770
Xiaomi still trends below the trendline, more downside ! Xiaomi still trends below the trendline. As long as price stays below the trendline, we remain bearish on it. MACD is also showing extended bearish trend.Shortby ella5192
Xiaomi bounce backHello, I see two coming scenarios. Anyway it will bounce back to 35+ level in some next days.by ag12977Updated 111
XIAOMI just hit a good buy entry at the 61.8% fib retracement! XIAOMI just hit a good buy entry at the 61.8% fib retracement! Trendline is not broken and EMA (34) also support a good bullish momentum from here! Stochastics also shows price is reaching a hidden support level ! Longby ella5192
Xiaomi could retap 38% fib retracement and graphical pullback! Xiaomi could retap 38% fib retracement and graphical pullback before bouncing higher ! Longby ella5191
XIAOMI price is likely to extend the channel riseAfter the december 2 oversold, XIAOMI price showed a narrow path of upward trend, and by the Fib speed resistance fan can be found that the stock price fluctuations are all within the upper and lower 0.25 line rise. There is also a good chance that XIAOMI price will show an upward trend in the future, with the turning point likely to be when the share price steps down and crosses the 0.382 line below, and it is recommended to focus on stopping the loss in time when the share price crosses the 0.25 line below Disclaimer: Nothing contained in this idea and analysis should be construed as investment advice. Past performance is not necessarily indicative of future results. by ShewutradeDeeplearning1