To The Moon

$XIAOMI-W(01810)$ surged after a successful launch of its YU7 SUV, which saw 200,000 units ordered within 3 minutes

Although not an exact apple-to-apple comparison, the early launch performance of Xiaomi’s YU7 SUV significantly outpaced that of the SU7 Ultra sedan. The YU7 received an impressive 200,000 confirmed orders within just 3 minutes, and 289,000 orders within the first hour of its launch. In contrast, the SU7 Ultra — a premium variant of Xiaomi’s first EV — recorded 6,900 orders in 10 minutes and exceeded 10,000 orders within 2 hours. While both models cater to different segments, the stark difference in early demand highlights the broader appeal and mass-market positioning of the YU7.

• Cup and Handle Formation: The chart shows a classic cup and handle pattern, typically bullish.

• Breakout Zone: Price has broken above the handle, signaling continuation if it stays above the HK$55 support zone.

• Moving Averages: All key SMAs (20, 50, 100, 200) are sloping upwards—indicating a strong uptrend.

• Volume Spike: Notable increase in volume during breakout supports bullish sentiment.

• RSI: RSI (14) is trending above 80, indicating momentum strength but also near overbought territory.

Using DLCs for Short-Term Trading

• Daily Leverage Certificates (DLCs) allow short-term traders to gain magnified exposure to Xiaomi’s price movement.

• If the bullish breakout holds above HK$55, long DLCs ( $Xiaomi 5xLongSG270216(HPMW.SI)$ ) may benefit from continued upward momentum.

• If price fails to hold HK$55, short-term traders may consider short DLCs ( $Xiaomi 5xShortSG261223(YW5W.SI)$ ) to benefit from potential pullbacks.

• DLCs are suited for active, short-term strategies and not intended for long-term holding due to compounding effects.

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Disclaimer: 

This document is not an offer or solicitation to buy or sell, nor financial advice or recommendation for any investment product. This document has been published for general circulation only. 

This advertisement has not been reviewed by the Monetary Authority of Singapore. This post is sponsored by Societe Generale, Singapore Branch. The content of this article does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.