CFD Trading – Sell Xiaomi-W (1810.HKE) at $11.68. Stop at $12.30 and Target at $10.46.

XIAOMI-W    Stock Code 1810.HKE


Price was capped by the cloud resistance, coinciding with the base line resistance point. Conversion and base lines remain in a bearish crossover that hints at potential downside ahead. Lagging span is below price of 26 days ago but is inside the cloud. MACD is bearish and is turning down again, hinting at more downside ahead. We are likely to see price continuing to move lower.


$11.68                Sell

$10.46                Price Target

$12.30                Risk Management Stop

2 weeks              Trade Duration

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