XIAOMI-W Stock Code 1810.HKE
Outlook
The price decline appears to halt at the base line support, coinciding with the Fibonacci 50% correction point. Conversion and base lines remain in a bullish crossover that hints at potential upside ahead. MACD is rising after having a bullish crossover. We are likely to see price resuming its upward strength to move higher in the next 1-2 weeks.
Strategy
$12.08 Buy
$13.54 Price Target
$11.60 Risk Management Stop
2 weeks Trade Duration
