Xiaomi seems weak

Hello, after the harsh Xiaomi rise last year, Xiaomi went in for a correction and it seems we are seing one more leg down.

Im not shorting it, nor recommending to.
But ill buy a big chunk of it arround 0.5 fib zone which i marked in the charts as i think xiaomi is going to be big in the future.
Recommending to hold it longterm.
dyor