
Traded ValueMaintaining the same view, it's never too late to exit, don't comfort yourself. Things are already like this, how much lower can it go? A stampede has already formed, plummeting all the way down...

$Xiaomi Corporation(XIACY.US)After falling below HKD 30, I personally think: there's a high probability it will continue falling to 28, then rebound to 31, giving retail investors hope and luring them to buy in large quantities, before dropping again to 27. Combined with what's likely to be a very poor Q1 earnings report, it could directly break through the 25 support line. At that point, most people will be devastated, selling frantically, causing a stampede, leading to a prolonged decline to around HKD 20, forming a 'grandma going down the stairs' pattern... If smartphone and car sales remain sluggish and storage prices keep rising, breaking 20 is just a matter of time. As for the real bottom, many say 8, which is a joke, but 15-18 is still possible. So, cherish the chips in hand. (Personal opinion, hope I'm wrong)
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