$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*
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 H
BABA could see fierce competition in coming quarters! Some key concerns from BABA's earning released yesterday: Although we see strong growth in Alicloud and Cainiao, narrowing losses in the new retail and entertainment business. I do think in coming quarters the earnings and growth could be under pressure:
1. The annual active users on BABA's platform is 779 million, that of PDD is 731 million of last quarter. It means this number could be exceeded by PDD in PDD's coming release.
2. BABA's made it clear its next business focus will be on Taob
Suoxinda (HEX Stock)Updated View On Suoxinda (28 Jan 2021)
Our Scanner pops this counter up.
This counter run up too fast recently and it shall about the drop alot lower.
The return to the mean should be in place. 5.75~5.8 shall be easy,
DYODD, all the best and read the disclaimer too.
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The high degree of lever
A long term play Read this recent article here
The lowest price is 1.80 which I did not get for some reasons so I am hoping it would fall now to the next support level at 2.14 where I would deploy 25% of my capital to buy. If it falls to 2.00 , I would then deploy 50% more to go long.
It is highly unlikely that it would fall below 2 but there remains a possibility.....
I am bullish on this stock in the long run.























