SR050321
2023-02-02

i expect more opportunities (uptrend) to come (bullish), buy wisely get ready incase need to DCA. $Alibaba(BABA)$ $Alibaba(09988)$ buy the dip. Dip more add a bit by bit, hopefully all will be well.I feel 2023 is better than 2022, if worse then i can buy more for long term holding. I believe in buying good undervalued companies. I will take it as saving for my old age.

I will buy from HK market this year as i havefree commission card but i need to study which one to buy first as starting, i am not familiar.

2021 learned US market

2022 learned SG market

2023 time to learn new market too 😁

HSI pull back should be an opportunity for me 🥰

HSI Starts Rebound: A good time to buy?
The Hang Seng Index jumped over 4% to 20,619 today, the biggest gain since December 5. The Tech Index surged 6%. The biggest winner was Tencent Holdings which advanced 6.2% to HK$368. -------- [TOPIC] What's the reason for this rebound? Is it a good time to buy HK stocks? What's your target price for HSI?
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

  • Yonhuat
    2023-02-02
    Yonhuat
    Where’s the dip? I added little more at $109 few days back.
    • Yonhuat: 
      Watch for a gap fill at hk$102. anything below should be ok for 1st dip. 2nd support at $94.
    • LMSunshineReplyYonhuat: 
      What’s a good entry price for BABA HK?
    • Yonhuat: 
      $ISHARESHSTECH(03067)$ i also start to buy some here.
    • YonhuatReplyLMSunshine: 
      I never do any auto invest from tiger app. All in the head, i trade base on TA and price action. some stocks for longer term, some for swings.
      If you decide on investing in baba / tencent etc, split your entry into 3 parts. for baba, i think the price action shows it is finding a base price now. so you can find your entry price soon. 1/3 in . If it dips more than 5%, then you DCA part 2.
    • LMSunshineReplySR050321: 
      Haha ya lor we both waiting from $70 until now $110😅 At least you bought, I haven’t. How much your auto invest order and how often for BABA, can share? Thinking if i should try🤔
  • LMSunshine
    2023-02-02
    LMSunshine
    👍👍👍 HK need 1 lot usually 100shares😓 I wanted to buy also but investment too big.
    • SR050321ReplyLMSunshine: 
      Coz for auto invest we cant cancel last minute while for fraction just like we normally buy full share but we can buy any portion but the fee still around 1% (click the right corner bottom to know the cost in advance)
    • LMSunshineReplySR050321: 
      Haha why fun?
    • SR050321: 
      Ya this is the things 😁 i need to identify which one worth to place order first, btw US stock i tried fractions today, quite fun
  • BerniceCarter
    2023-02-02
    BerniceCarter
    Let's buy BABA in the dip and wait for more profit!
  • LeonaClemens
    2023-02-02
    LeonaClemens
    It's time to learn Chinese market this year.
  • BarbaraWillard
    2023-02-02
    BarbaraWillard
    BABA will lead other Chinese tech giant to rise more this year.
  • TxChris
    2023-02-05
    TxChris
    [Smile]
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