Xiaomi tests the watershed at 30.022, with the psychological support level of 30 yuan becoming the short-term focus

$XIAOMI-W (01810.HK)$ The current price is 30.04, already below the 5-day line at 31.040, the 10-day line at 31.488, the 20-day line at 31.574, and the 30-day line at 32.324, indicating obvious short-term weakness. The price has also broken through the lower Bollinger Band at 30.022, reflecting continued selling pressure, with the psychological level of 30 yuan now a focal point for short-term market sentiment.

Key discussion points are focused on whether 30 yuan can hold, whether breaking below it will accelerate the decline, if this is a good time to build positions, and whether confidence in Xiaomi's fundamentals has been shaken. Some investors believe that breaking below 30 could be an opportunity to add positions, while others choose to continue holding what they consider to be an excellent company; however, more comments lean towards pessimism, believing the downtrend is not over, that 30 yuan won't hold, and even setting much lower downside targets.

Market sentiment remains weak, with growing panic and disappointment. The bearish side focuses on 'breaking below 30,' 'looking lower,' 'loss of faith,' and 'weaker than Tencent'; the bullish side mainly discusses building positions at lower levels or buying more as it drops, believing there may be deployment opportunities below 30 yuan. Overall, the market has yet to see clear confirmation of a rebound at this stage.

Common concerns focus on three points: whether 30 yuan still has support; whether building a position at the current price is too early; and whether shrinking turnover indicates reduced selling pressure. From a technical perspective, Xiaomi has broken below 30.022, and in the short term, it must regain and surpass 30.022 to meet the conditions for a technical rebound.

Technically, 30.022 serves as the short-term dividing line between bullish and bearish sentiment. If Xiaomi's stock price can stabilize above and re-break through the 30.022 level, it will have the momentum for a short-term rebound, with the first resistance target seen at 31.040. If it subsequently breaks below the support at 29.900, the risk of further downside needs to be guarded against, as the current support range has shifted to between 28 and 29.1. The Relative Strength Index (RSI) is at 22.570, approaching oversold territory, indicating the possibility of a technical rebound at any time. However, until it regains 30.022, the weak trend remains unresolved.

Key deployment: Conditions for a technical rebound exist only upon reclaiming 30.022, with an initial upside target of 31.040. If it falls below 29.900, further downside testing should be anticipated.

Strategy One | Rebound Deployment After Regaining 30.022

$UBXIAMI@EC2612A.C (13135.HK)$ | Strike Price 37.15 | Actual Leverage 5.1x | Mid-range deployment suitable for capturing the initial rebound after regaining 30.022 $HSXIAMI@EC2612C.C (22791.HK)$ | Strike Price 37.12 | Actual Leverage 5.5x | Higher leverage, suitable when rebound strength increases $CIXIAMI@EC2612B.C (24869.HK)$ | Strike Price 37.08 | Actual Leverage 5.1x | Balanced terms, suitable for following up after confirmation of a rebound

Strategy Two | Chasing the Rebound After Breaking Through 31.040

$UBXIAMI@EC2609E.C (28195.HK)$ | Strike Price 37.01 | Actual Leverage 7.0x | High flexibility, suitable for capturing faster gains after breaking through 31.040 $BIXIAMI@EC2609F.C (26555.HK)$ | Strike Price 36.99 | Actual Leverage 7.3x | High-leverage momentum chasing, suitable for short-term acceleration of a rebound $MSXIAMI@EC2609C.C (28070.HK)$ ｜Strike price 36.99｜Actual leverage 7.1x｜High sensitivity in the same area, suitable for confirming a breakout and then adding positions to rebound

Strategy Three｜If 29.900 is breached, watch out for a pullback

$UBXIAMI@EP2608A.P (26121.HK)$ ｜Strike price 28.16｜Actual leverage 5.9x｜Close to lower levels, suitable for capturing continued decline after 29.900 is breached $HSXIAMI@EP2607A.P (23111.HK)$ ｜Strike price 29.86｜Actual leverage 6.4x｜At-the-money with high leverage, suitable for short-term selling pressure acceleration $BIXIAMI@EP2607B.P (23123.HK)$ ｜Strike price 29.86｜Actual leverage 6.0x｜Similar terms, suitable for confirming a breakdown and following the trend defensively

Reply to some investors' views:

@偏行己路的孩子If 29.900 is breached, the market will start paying attention to risks around 28

@30小米未輸過If short-selling increases today, short-term volatility will rise, but the current price is already near oversold levels, so risk must be controlled when shorting

@Ray PukThe stock price is fluctuating near 30 yuan, indicating bulls and bears are fighting; the key is whether 29.900 will be breached

@ADA28Breaking below 30 will affect sentiment, but downside targets still need to be observed step by step, first checking if 29.900 holds

@你的请求权基础是什么After adding positions, pay attention to 29.900; if it breaks, have a risk contingency plan ready

Reminder: This article does not constitute any investment advice.

This article is for reference only and does not constitute any investment advice. The market data, opinions, and analysis contained herein may change at any time without prior notice. We are not responsible for any loss or damage caused by reliance on the information in this article. Technical analysis only shows whether certain technical conditions are met; a comprehensive assessment of asset performance should be conducted using additional data. Decisions to trade should not be based solely on this article. Please note that past performance is not indicative of future results.

#Hong Kong Stocks #Real-time Analysis #Warrants Selection #Warrants Strategy #Derivatives Hedging #Hong Kong Stocks Warrants Jenny #Xiaomi #01810 #Blue Chip Stocks #Technical Analysis $Hang Seng Index (800000.HK)$$Hang Seng TECH Index (800700.HK)$

60K Views