XIAOMI-W Stock Code 1810.HKE
Outlook
Price corrected to the Fibonacci 62% correction point, which is also the cloud support, and rebounded. Conversion and Base lines remain in a bullish crossover that hints at potential upside ahead. MACD is bullish and is rising, and a bullish crossover is likely in the coming session. We are likely to see price continuing its upward momentum to move higher.
Strategy
$13.16 Buy
$14.50 Price Target
$12.40 Risk Management Stop
2 weeks Trade Duration
