This stock has a lot of retail investors, so shaking out positions is a difficult task.

After pulling up Xiaomi for several days, the main force smashed it straight down, making the market feel that nothing can save Xiaomi. Doesn't that prove Xiaomi is done for?

After scrolling through the comment section, everyone's confidence is completely gone, so the washout of positions has been very successful.

Xiaomi has fallen deep but hasn't broken support. It just needs to pull up to a high point above 32.94.

30.12 is also a good counter-attack position.

$XIAOMI-W(01810.HK)