$1810 (XiaoMi) Long AnalysisHKEX:1810
Entry price: 27.25
Take Profit: 36
Stop Loss: 25
XIAOMI might consolidate around the support area and continue in an uptrend. However, if it break below the support, then there will be a bearish trend.
*This is not an investment advice*
*Trade at your own risks*
Xiaomi - Looking to Break out!Xiaomi is manufacturer for IOT products which syncs great with Apple or Android Devices.
Currently its trading below the 50MA and is oversold at the moment.
Support at around the 26.5-27 HKD region with the 2nd support at 22.85-23 region (close to the 200MA)
The Wedge pattern is also close to the support region and a rebound is expected.
this post as a great buying opportunity for as technology has been a major push / driver on a post COVID19 world.
Pros
Benefit greatly from the US / China Huawei Ban.
Cost effective & quality products with IOT. Enhancing everyday users lifestyle at wallet friendly pricing.
Single app interface to control all the products
Company is on full growth model mode by not pushing on product cost
NEW CFO appointed on 26 Aug 2020 with 20 years of investment banking experience & serve previouslyas a managing director and the head of technology, media, and telecom in the investment banking and capital markets department of Credit Suisse in the Asia Pacific.
Cons
With the recent investment ban in US, share price has been pushed lower but take note its a ban on investing on the company, not a Full Ban on doing with US Business (unlike Huawei), they are in the mist of trying to resolve but should not post much of a issue.
3 May 2021 Target Price Low - 35
3 May 2021 Target Price High - 39
Disclaimer - Invest at your own risk!
BABA could see fierce competition in coming quarters! Some key concerns from BABA's earning released yesterday: Although we see strong growth in Alicloud and Cainiao, narrowing losses in the new retail and entertainment business. I do think in coming quarters the earnings and growth could be under pressure:
1. The annual active users on BABA's platform is 779 million, that of PDD is 731 million of last quarter. It means this number could be exceeded by PDD in PDD's coming release.
2. BABA's made it clear its next business focus will be on Taobao Discount platform ( in competition with PDD), Taobao Buy Grocery ( in competition with Meituan), etc. In those areas, very fierce competition is foreseen and both PDD and Meituan have their head start advantage.
And after all, the regulation pressure will still be there.
Suoxinda (HEX Stock)Updated View On Suoxinda (28 Jan 2021)
Our Scanner pops this counter up.
This counter run up too fast recently and it shall about the drop alot lower.
The return to the mean should be in place. 5.75~5.8 shall be easy,
DYODD, all the best and read the disclaimer too.
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A long term play Read this recent article here
The lowest price is 1.80 which I did not get for some reasons so I am hoping it would fall now to the next support level at 2.14 where I would deploy 25% of my capital to buy. If it falls to 2.00 , I would then deploy 50% more to go long.
It is highly unlikely that it would fall below 2 but there remains a possibility.....
I am bullish on this stock in the long run.