anses07

$1810 Bottoming Out?

HKEX:1810   XIAOMI CORPORATION
$1810 - currently trading within the descending triangle with a potential double bottom pattern because of the support area at 8.30 to 8.40. Could be a good opportunity for those who will be entering a new position as the chart is showing me signs of a healthy bottom.For conservative traders, breakout from the descending triangle would be the best entry.

*Not a recommendation, just pure analysis.

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