#Xiaomi The corporation was likely to be included on indices again, S&P Dow Jones Indices after a federal judge suspended a U.S. investment ban in the company on the grounds it has ties to China’s military.
Xiaomi is wading into electric vehicles with a
$10bn investment over
10 years. Their goal is to provide quality smart electric vehicles. The company will be entering a fiercely competitive electric car market that also includes rivals Apple and Huawei.
Technically, the company's shares are currently trading near the resistance zone. If it breaks the 23.6% Fibonacci level and takes hold above it, the price will likely exceed ATH in the mid-term. Link
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