1810 AnalysisPrice played out according to what was analyzed last week. I was expecting the lows at 10.30 and price has taken. Right now, I'm expecting a bullish retracement to the upside, potentially to mitigate the bearish POI at 10.46.
1810 trade ideas
1810 AnalysisPrice is playing out as analyzed last week. I'm expecting price to be playing out according to the Wyckoff accumulation schematic and expect price to head towards the lows at 10.30 to create a spring before price initiate an uptrend.
1810 AnalysisNo changes from my last analysis. Price is creating buy-side liquidity and is on a short-term down-trend. Price has already took some sell-side liquidity, but is unable to push higher. I'm expecting the lows at 10.30 to be taken before we see price take the buy-side liquidity.
1810 AnalysisPrice has been playing out as analyzed since 12 July. Volume is increasing on the down move. Right now, I'm still expecting price to take the lows at 10.30 before we can see price starting to initiate an uptrend
1810 XIAOMI | Elliott Wave Analysis - Possible Dump & Pump?Price action and chart pattern trading
> Ending diagonal with asymmetrical triangle pattern - possible scenario with dump & pump before ABC uptrend reversal.
> Aggressive entry @ downtrend channel wave ii and iv breakout
> Safer entry point @ triangle breakout
> Target @ previous 1 wave 0.382- 0.5 retracement zone
> Stoploss @ triangle lower support zone
> Risk reward ratio: 2:1
Indicator:
MACD - signal golden cross anticipated soon
RSI to breakout downtrend line MA before making the long entry
Always trade with affordable risk and respect your stoploss
1810 AnalysisPrice is currently mitigating the bullish POI at 12.16. We also have equal lows and sell-side liquidity at 11.26 to be taken. Price is more likely to go down and take the liquidity before we see any up moves.
1810 AnalysisPrice is playing out as expected. Price has mitigated the bullish POI at 12.16 and created equal lows at 11.26. We are likely going to see price heading down to take more sell-side liquidity. We can see price potentially targeting the lows at 10.30.
1810 AnalysisPrice is playing out as expected. Price is reaching the bullish POI at 12.16. From here, I'd take some profits and expect some retracement to the upside before we see any continuation to the downside to take out the sell-side liquidity.
1810 AnalysisPrice is consolidating since last week. Price is on a downtrend. Price falls short of hitting the bullish POI at 12.16 and showed some bullish momentum. I'm still expecting price to hit the bullish POI before starting an uptrend. However, do note that there are sell-side liquidity being built up, and price could potentially take out the lows at 11.26 before going higher.
1810 AnalysisPrice is on a downtrend. Price has hit the bearish POI a few days back, expecting price to hit the bullish POI before starting an uptrend. However, do note that there are sell-side liquidity being built up, and price could potentially take out the lows at 11.26 before going higher.
Inverse head and shoulder coming up in xiaomiVolume could be seen at 1yr high. Would will see a trend reversal before this quarter ends ? High likely as price could be seen supporting at the 50ema too.
Xiaomi Corporation (BUY)Breakout of the trendline + beautiful RSI configuration and 3 possibles targets based on fibonacci retracement.
WATCH INDIA & XIAOMI $1810 Smartphone market in India - statistics & facts
India will over take China and emerge as the largest population in the projected year 2100.
Rising disposable income, cheaper internet, and the need to always stay connected are some of the factors that have led the Indian smartphone
market to grow into one of the largest smartphone markets in the world.
And with the entire nation glued to mobile phones ( like any other countries in the world ) It is undeniable that we cannot live without mobile devices.
India will also emerge as one of the high growth economics moving forward.
However, compared to other markets across the globe, India’s smartphone penetration rate is still relatively low.
The demand for smartphones is likely to grow in the future as a considerable share of the population did not own a phone or were planning to switch from a feature phone to a smartphone.
- 35% has no mobile phones & 45% owns mobile phones but not a smartphone.
India has a huge potential uncovered market for mobile devices and home appliances for these 75% population
whereby these two sectors will lead and grow as the fastest growing online products as the India develop.
For your info, Xiaomi was one of the leading market shareholders in the Indian smartphone market. It sold phones under the brand names Mi, Redmi, and POCO.
So technically, it should be on the number 1 spot.
Not sure if you are aware, Xiaomi is undercutting the entire tech industry ( Mobile deceives & home appliances ) which covers the two sectors mentioned above that will lead and grow as the fastest online products
Hope you enjoy my thesis and analysis on the fundamental.
* not financial advice
* my own analysis
* pictures credit Statista
Link to the technical as below.
Cheers!
WATCH $1810Bullish
Fundamental
- Strong macro environment East
- Strong earnings
- Positive P/FCF
TA
- Price above POC level
- Momentum broke out
- Price broke out downtrend
- Followed thru week with engulfing candle
1810Now an unusual entry, a Chinese Stock Xiaomi, Harmonic pattern is complete and we can look to buy some Xiaomi shares and aim for the two targets shown on screen or possibly higher.
$XIAOMI Key levels, Analysis & Targets1810 Key levels, Analysis & Targets
China releases lockdown soon, good for stocks
,and Time frame day born " Bullish Divergences " in MACD & RSI Indicator
Xiaomi long ideaBear Market regression to mean.
Bull divs forming
China looking to come out of lockdown
Xiaomi has a lot of military connections
Looking to buy at $10 then sell the 200MA
MI XIAOMI INC weekly - Expected move - OpportunityMI XIAOMI INC weekly - Expected move - Opportunity
XIAOMI 1810Xiaomi great fundamentals, growing balance sheets, growing profits. completes harmonic pattern we can look to buy some shares and aim for the 30 mark.
Buy now or wait for Breakout for Xiaomiread this latest news here
I am bullish on Electric cars market in China and I think Xiaomi entry into this market in 2 years time will create more demand and competition for the EV market. That explains why I am adding more to LIT ETF as this is going to be a game changer for the automotive market in years to come.
XIAOMI 1810 Good buy NOW!Xiaomi currently in demand zone where it last touched and rose rapidly to ATH 35.9
Big hammer wick on 15 Mar, buyers flooded in to reverse downtrend sharply
Chinese markets proven to be resilient, and Xiaomi is the largest phone producer in China, expanding its products into EV vehicles in the future.
This is not only a good buy, but good for long term hold too.
Take profits:
20
28
29.5
To the moon
Stop loss:
11.08
