XIAOMI - 1810 - Add to the watchlist - buy on strength
Xiaomi price rallies have previously failed - so no rush to enter this trade - yet.
A new all time low recently printed and I have drawn a green count back line from the height of the 3rd lowest candle.
An initial close above the line triggers my alert but with caution.
I will wait for price to hold above the line a bit longer and monitor for supporting signals
like rising buyer interest - volume and price closing at highs for the day rather than the lows.
A new all time low recently printed and I have drawn a green count back line from the height of the 3rd lowest candle.
An initial close above the line triggers my alert but with caution.
I will wait for price to hold above the line a bit longer and monitor for supporting signals
like rising buyer interest - volume and price closing at highs for the day rather than the lows.
Note
update - price has respected the daily CBLbut yet to push up and away convincingly.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.