Alibaba Group Holdings Ltd.
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BABA/BIDU, pair trading opportunity!

279
Pair trading strategy: Both are Chinese Tech companies with positive correlation
Ratio has dropped to late 2018 level.

Long BABA
Short BIDU

I'm expecting ratio to go back to 1.5 or even higher!
Nota
Yesterday, the ratio increased by 5.6% with both stocks fell.
syot kilat
Nota
Gap up with another 3% jump...if the yellow zone can be penetrated, more room is ahead
syot kilat
Nota
soared by 13% plus yesterday ..
syot kilat
Nota
Another 9%+ today as of now. It's coming closer to my target of 1.5
syot kilat
Nota
Bidu tumbled again after the massive sell from a hedge fund which has been forced to liquidate its positions.
syot kilat
Dagangan ditutup secara manual
As the massive sell seems to be over, we can close the position

Penafian

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