3G·

Xiaomi entry in the Golden Pocket

Good morning 👋


Well lovelies, hope you're doing well and having a great start to the new week!


I started today with $1810 (+3,89%) today with a first tranche!


Xiaomi has been on my watchlist for a very long time. Patience.... The magic word... But I found this stop very attractive! 🔥


We are now exactly in the Golden Pocket in the weekly chart since the start of the upward movement, from the low of October 22 to the high of March 25.


0.618 = 3,48€

0.65 = 3,28€


My purchase today at €3.35 🔥


The RSI in the weekly is currently 28, oversold.


I think this is a good time for a first tranche 💸💰🤑


The next stop on the bus might be the 0.78 fibonacci at around €2.50. It remains to be seen whether the bus even wants to go that far or whether it will turn around soon 🚀


Kind regards

Chris

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2 Commenti

immagine del profilo
Certainly a proven entry area, I often do the same; however, wait for the price to bounce and return to the area to make the entry. At 28 HKD you can still see a volume spike and actually at 0.768.
That's how you do it, good luck! 🫡
2
immagine del profilo
@BeachPlease Thank you for your contribution and good luck on the stock market 😃
1
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