XIAOMI CORPORATION Stock Code 1810.HKE
A Hammer candlestick pattern, one of the reversal candlestick patterns, was formed near to its previous low support zone. There is also potential divergence warning given from the MACD that hints for possible low as MACD did not follow price to form lower low. These could increase the chances of the stock price rebounding from this low to move higher towards its first cloud resistance.
$25.10 Price Target
$21.60 Risk Management Stop
2 weeks Trade Duration