xiaomi gap fill

4 בספט׳ 2020

xiaomi has rallied well forming a continuation gap on good earnings, this was followed by an exhaustion gap, now im looking for a panic sell and price to pullback to 19/20hkd which ive charted as a horizontal. gaps get filled 9/10 times, with 20hkd being near original ipo price it makes sense to bounce and strong demand at this price. short from here or buy at the gap choice is yours