BABA's run up today is nothing short of a spectecular short-term bull-run. But on the flip-side of this, a 69% pump since its recent May low of $72 certainly makes the case for profit-taking to happen anytime. TA-wise, gaps are formed for a purpose, and I'd keep a lookout at $104. If that level is breached, the next gap goes is $93 and below. Happy trading or investing, but do look out for profits too.One more thing: 14-day RSI is screaming 'overbought' on all levels.
ThinkOrSwim
No personal profile
4Follow
6Followers
0Topic
0Badge
Aren't US and Western banks on the verge of insolvencies? Bad recommendation.
3 Warren Buffett Stocks That Could Soar 39% to 48%, According to Wall Street
clickbait.com 😂
2 Growth Stocks That Turned $20,000 Into $1 Million In the Last Decade
Chasing the Pings and the Pengs, Nio pain, Nio gains?
Seeing headline-boasting articles on funds chasing these CN counters, the more one sees such headlines, the more one should stay away from them - the rationale is simple: If no one buys, they can't dump. 😂
I wanna know what you smokin'. You be glad if it stood flat.
Bitcoin, Ethereum Rebound From Weekend Lows, Dogecoin Weak: Analyst Says This Metric Points To A Higher Chance Of Rising
Never invest in FUD counters, regardless of how attractive its valuation may be. Reason? You get a better night's sleep.
Alibaba: Be Greedy When Others Are Fearful
If u want to buy bits and bytes as an investment, go buy a hard disk.
Digital Gold or Fool’s Gold: Is Crypto Really a Hedge against Equity Risk?
Call a spade, a spade.
Are we in Schrodinger's Recession?
There could be more pain to come. Miners are liquidating by the minute they mine. And, big names are getting liquidated through risky arbitrages and heavy-leveraging. In short, this is not the bottom.
Bitcoin Falls Below $20,000 and Is Headed for Biggest Quarterly Drop Since 2011
Yes, cos Monetary Tightening is underway and cheap will get cheaper.
Alibaba Is Cheaper Than Ever
As long as news like these surface, FED is going to continue with rate hike - that is FED's only way of taming inflation and excess demand on spending like a drunkard sailor.
GM, Ford Executives Say U.S. Vehicle Demand Stays Strong
TSLA would have been in a better position if it added GOLD to its treasury, according to its filings, it had toyed with that option. Now, TSLA will consider so - just like what Palantir did, adding $51 million of gold to its treasury.
Sorry, the original content has been removed
ALIBABA: Gaps to Fill
ALIBABA: Gaps to Fill
Here comes the dump soon.
Alibaba Shares Soar 11% in Hong Kong, Bilibili Stock Surges 19%
When you have so many EV stocks around, why choose Rivian? Besides, Ford and Amazon dumped it. Any rally from this is a sucker's rally. Becareful.
Sorry, the original content has been removed
Retail investors are last on their minds, so why bother with this article? Learn from Warren Buffet,it isn't about the payout. It's about the quality of the company that will see true returns.
2 Dividend Kings to Buy and Hold Forever
A wild card? Which company has a visionary thatcan creates autonomous cars, satelites and reusable rockets - all at the same time? None. A wild card is one that has no certainty and poor balance sheet. [Facepalm]
Tesla Stock: A Wild Card
Those who rush to buy will get hammered by those rushing to sell. [Grin]
Sorry, the original content has been removed
Finally, a sensible article. Buy now = further potential downside.
Buy Amazon Stock After It Splits On June 6
$Alibaba(09988)$Can BABA go to $40 dollars or less? I believe it can. Then, buy when ppl start running.
Mama cathie's not happy with GM, now she is back 'home' to look after her prodigy TSLA. My goodness. [Facepalm]
Cathie Wood Scoops Up $10M In Tesla As Stock Crashes 32% In A Month
Go to Tiger App to see more news