Technical Analysis – Xiaomi Corporation ( $XIAOMI-W(01810)$ ) Recent Price Action: Xiaomi recently experienced a strong rally, followed by a sharp pullback. Price peaked near HK$60 before correcting sharply to current levels around HK$42. Resistance Zone turns support: The red line at ~HK$36 marks the previous all-time high (from early 2021). Price has now retested this level, showing signs of buying interest around previous resistance turned support. Volume: Volume has spiked significantly during the recent move, indicating heightened investor activity and strong participation in the breakout and pullback. Momentum: RSI recently pulled back from overbought territory (~78), currently around ~40, reflecting cooling momentum. The drop below the mov
Xiaomi ADR to Hit $200B Cap! Can YU7 Lift it to Next Level?
Xiaomi’s first SUV — the Xiaomi YU7 — unveiled at 7 PM on June 26. Xiaomi's ADR market cap is only one step from $200 billion. Do you like YU7? Xiaomi YU7 vs. Model Y: Which to Choose for 250,000 RMB? After breaking HKD 60, would you take profit or add as enthusiasm fuels?
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