Alibaba Group Holdings Ltd.
Panjang
Telah dikemas kini

long the alibaba group

long baba. scale in all the way down to 120 dollar (nov 2014 high)
Nota
BABA down to 110 dollar. filled more yesterday @ 120 and today @ 113
Nota
think we may have finally bottomed. short term look for it to fill the daily gap around 148 - 160 area and stall there for a while. also worth noting BABA is up 14% ytd. outperforming nearly all large caps and indexs. i expect this to continue for 2022
Nota
syot kilat Monthly close over 100 would be very strong. Good news out of China this morning that the PROC would stabilize its capital markets. Still down pretty good amount here, but I am in good company with who else owns this stock so I'm not to worried yet.
Nota
syot kilat Monthly closed @ 108 . Long wicks like these usually signal a high probability of trend reversal.

Penafian