$XIAOMI-W(01810)$ Reviewing our entry in Xiaomi reveals it has been quite successful thus far; the stock rose to a peak of 33% , encountering a significant gap that we have now almost closed. We anticipate a potential minor downtrend in the coming days, followed by a continuation of the upward trend. The momentum at Xiaomi seems promising. Our entry less than a month ago has seen a remarkably positive response, and we do not expect the price to fall below the level of Wave ((ii)). However, we will maintain our current stop-loss position, expecting, as mentioned, to still be in the overarching Wave III. This suggests a significant upside potential with relatively low downside risk. We will keep you updated, but currently, most Chinese stocks appear to be on a good trajectory and showing signs of recovery.
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