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dchua1969

Awaiting pullback to LONG Xiaomi

Long
XIAOMI CORPORATION (HKEX:1810)  
dchua1969 Mis à jour   
HKEX:1810   XIAOMI CORPORATION
Trend Analysis Chart Patterns 1810
6
0
trendanalysis chartpattern 1810
Drawing the 2 bearish trend lines, we can see that this stock is soon to break out soon.

2 Options - await pullback and go long

OR

wait for it to break the main bearish trend line around 15 dollars before going LONG. This approach is more conservative and less risk taking but the downside is buying at slightly higher price.

Please DYODD
Commentaire:
already more than 50% gain from its low at 8.42
Commentaire:
wait for it to break above the resistance level before accumulating.....
Commentaire:
wait for support at 11.60
Clause de non-responsabilité

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