XNET , might be a time for the first action

XNET just announce a private cloud storage product with the theory of block chain. And the equipment are ALL SOLD OUT at taoboo with a price of 399RMB (And now someone offer it for $999RMB)
Many people in china use XNET for their BT service.
There are a trend-line occurs around 10, and breakthrough yesterday, as this is the 3rd times breakthrough, may consider this will be a first support .

dividend the funds into 7 parts;
1/7 on 10;
2/7 on 7.5;
4/7 on 5.
long investment,
target price is $30 USD.

Commento:

unfortunately only one parts can invested.
Just break through the history-high-point with 30% return (cal from $10), can take profit now and wait for around $11 to reinvest again.
Target $30 unchange .

Commento:

www.tradingview.com/chart/bAVpJ3jJ/

very basic trend line. take 50% of the profit if break-through the up-trend line

Commento:

As you can see, this is the "chinese style" investing technique. People will just investing by covering their eyes. The product i mentioned above has raised from $399 to $2199 at taboo now. New high again, target 30 is not far away.

Commento:

very basic trend line. take 50% of the profit if break-through the up-trend line

Commento:

the volume is not strong enough to breakthrough this channel limit to 19.5
all the narrow should be a good point to enter. Best choice 13.5

Commento:

target remain unchange

Commento:

the adjustment is complete. new target $50 USD

Commento:

if lucky enough to collect at best choice 13.5, can consider to sold 50% of holding to get back the cost now, and wait for $50!