@york, i absolutely agree. Mi is riding on the 5g trend, and has a very strong customer base. If just merely based on 1-2 quarter to justify their performance, you might miss a big boat
Seems like 2.03 is the highest for this round of rebound from 1.75 last week. The support should be at 1.95, if today's closing < 1.95, tomorrow may trend down further. China's 5G progress may delay to the factories shut down and impacts to supply chain & logistic.
All indicators are showing MI is in down trend after it reached 2.03 last week. The outbreak is impacting the 5G progress in China, together with close down of operation, delinquent in supply chain & logistic. Next support shall be 1.85, 1.75.
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yorkyork
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Posted by yorkyork > 2020-02-08 15:46 | Report Abuse
Aemulus 拿中国supplier 做2nd grade machine. 不信业绩来 自己看看. 2nd grade machine 卖不出 不然就是on hold.