Isaiahtcy
2023-03-24

$Alibaba(09988)$ 

Macro conditions like Fed rate hike & banking crisis with SVB and Credit Suisse should have enough tailwind to make this short term bearish. 

However, i am inclinded to accumulate more of this when the dust settles. Good discount at this valuation. 60-70 range would definitely trigger my itchy hands lol. 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Ah_Meng
    2023-03-25
    Ah_Meng
    Yup....BABA is turning positive...
  • Moolele
    2023-03-24
    Moolele
    US markets green green šŸ˜…
  • JCKL488
    2023-03-24
    JCKL488
    Iā€™m bullish about BABA
  • nerdbull1669
    2023-03-24
    nerdbull1669
    thanks for sharing
  • dghl
    2023-03-24
    dghl
    Thanks for sharing
  • JChanYM
    2023-03-24
    JChanYM
    Thanks for sharing
Leave a comment
74
1