XIAOMI CORPORATION Stock Code 1810.HKE
Xiaomi is in a strong uptrend as price has been trading above the cloud since May 2020. Price broke above its all-time high of HK$26.95 with a bullish candlestick during the last trading session. There was an earlier Conversion and Base lines crossover that hint for the upside. Lagging Span is above the cloud and above price of 26 days ago, confirming the bullish price trend. The MACD is still bullish and is moving higher. We could see price moving higher towards the next resistance point at HK$31.60.
$31.60 Price Target
$25.00 Risk Management Stop
1 week Trade Duration