Hello Traders,
XIAOMI, the Chinese Smartphone producer has probably finished a wave 5 of (!) or (A)!
If so, the correction that started at 35.90 HK $ should send the share to the wave 4 level at HK $19.40 area. More bearish potential exist.
While multiple options do exist, I like to see more evidence and „clearness2 for the next move ahead.
I will update the count in the coming days.
Have a great weekend.....
Feel free to ask or comment!
Trading this analysis is at your own risk!
The editor is invested to this share!
XIAOMI, the Chinese Smartphone producer has probably finished a wave 5 of (!) or (A)!
If so, the correction that started at 35.90 HK $ should send the share to the wave 4 level at HK $19.40 area. More bearish potential exist.
While multiple options do exist, I like to see more evidence and „clearness2 for the next move ahead.
I will update the count in the coming days.
Have a great weekend.....
Feel free to ask or comment!
Trading this analysis is at your own risk!
The editor is invested to this share!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.