📈 Chua Wei Ren: Xiaomi – bear trap rebound, prices return back above the range

CGSi analyst Chua Wei Ren who specialises in short-term technical analysis has noted that $XIAOMI-W(01810)$ ’s price action is seeing a potential bullish reversal to the upside with confirmation of a double bottom from the monthly chart.

Read more to find out the key substantiating points: https://rfs.cgsi.com/api/download?file=c4d5e341-5aff-4f18-bf83-f6ffacb7b186

Meanwhile, warrant investors keen to trade on Wei Ren’s short-term technical view on $XIAOMI-W(01810)$ may wish to consider the below trending Xiaomi call warrant:

CallPABW: https://warrants.com.sg/tools/livematrix/PABW $XIAOMI MBeCW260703(PABW.SI)$

There is no put warrant available over Xiaomi.

*Trending warrants refer to the warrants quoted on the tightest spreads and highest liquidityNote: Wei Ren and/or CGSi are independent of, and not affiliated with, Macquarie. Wei Ren’s view does not represent that of Macquarie’s and may contradict Macquarie Research’s viewpoint

Modified in.02-13

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Wei Ren’s view does not represent that of Macquarie’s and may contradict Macquarie Research’s viewpoint\n<img src=\"https://community-static.tradeup.com/news/791afbde20bf99304f93173f3c76c649\" tg-width=\"1300\" tg-height=\"1300\"></body></html>","text":"CGSi analyst Chua Wei Ren who specialises in short-term technical analysis has noted that $XIAOMI-W(01810)$ ’s price action is seeing a potential bullish reversal to the upside with confirmation of a double bottom from the monthly chart. 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