Take advantage of this single-event oversupply.

Fundamentals specific to XiaoMi remain strong. This bearish move from the sudden flood of locked up shares comes amid a broader market rally. Take advantage of this single event as shorts anticipating this sell off covers.

Catatan

Here comes the short squeeze just before CNY. Get prepped for upside surprise earnings on Feb 27. Target $12

Trading ditutup: target tercapai

$12 reached

Catatan

Moving forward, long term hold should also be a solid strategy. At some point it should surpass IPO $17 in the coming year or so.

Catatan

Correction: Earnings is today, not the past Feb 27 as stated in the earlier comment.

Trade aktif

End of year target $18

denniskong

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