1810 (Xiaomi) SELL FIRST!! BUY/LONG at 15.00 to rise to 41.20!
TICKER CODE: 1810
Company Name: Xiaomi Corp
Industry: Technology | Consumer Electronics| Hong Kong
Position Proposed: SELL
Technical Analysis
1. Rising Wedge / Pennant (Forming)
2. Fibonacci Exhaustion Level at Final Peaked 4.236
3. Potential to reach Fibonacci Retracement to reach 0.786 after Flagpole completes
4. Potential Break and Retest of Area of Confluence with 1 Trendline and Horizontal Resistance
5. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
Buy Entry: NOT READY (15.00-16.00)
1st Partial Take Profit: 41.20 (End 2021)
2nd Partial Take Profit: 57.65 (Early-Mid 2022)
Stop Loss: 11.00
Company Name: Xiaomi Corp
Industry: Technology | Consumer Electronics| Hong Kong
Position Proposed: SELL
Technical Analysis
1. Rising Wedge / Pennant (Forming)
2. Fibonacci Exhaustion Level at Final Peaked 4.236
3. Potential to reach Fibonacci Retracement to reach 0.786 after Flagpole completes
4. Potential Break and Retest of Area of Confluence with 1 Trendline and Horizontal Resistance
5. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) at the length of Flagpole Price Range
Buy Entry: NOT READY (15.00-16.00)
1st Partial Take Profit: 41.20 (End 2021)
2nd Partial Take Profit: 57.65 (Early-Mid 2022)
Stop Loss: 11.00