MaDLabbit
MaDLabbit
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06-15 06:22
$BABA-W(09988)$  $BABA-W(09988)$  I'm no longer bearish with Alibaba as the price hit as low as 106 last week. I manage to buy at 106.7 as I think it is oversold. Now Alibaba is consider cheap again. I was considering to buy into tencent but I think Alibaba will bring more value over the longer term. I expect Alibaba price to recover and will hit 200 by year end.
$BABA-W(09988)$  $BABA-W(09988)$  keep to my word, price dropped to my target price of 110 and below. I added at 106.7 for 300 shares. If it fall to 100 I will add some more but of cos I hope it does not drop further. I think Baba is very cheap at this price and gone into oversold territory. Have you added? if not what price you are waiting for?
$BABA-W(09988)$  $BABA-W(09988)$  BABA continue to have selling pressure and I think I'm right to continue to be patient and not average up yet, price can easily be down another 10% to my 110 price target. This week will be AI stocks related sell off. So let's see if it will reach my target price. 
$BABA-W(09988)$  $BABA-W(09988)$  Alibaba looks to break 120 level this week, it is looking very interesting and good price to add if you don't have any position but I will add only if 110 or lower. My average price is about 94, so I don't mind average up again cos it is still seems undervalued. This price weakness may continue for sometime, so I'm not in a rush to add.
Wish everyone happy holidays with family and after holiday happy winning money in stock market, win big big until pants drop
$BABA-W(09988)$  $BABA-W(09988)$  Alibaba looks breaking trend line and moving lower and will test 120 in this coming week. With the weakness in the China tech, I think we may have a chance to buy some at 110 range to 120. Waiting patiently for the right opportunity. At what price you will buy in?
$BABA-W(09988)$  $BABA-W(09988)$  Alibaba at technical support level, will it bounce from here? Next support level at 125. I'm hoping it break support and drop below 120, so I can add more. Alibaba is expanding their AI cloud business and may have bright future. Are you holding on to Alibaba like me or you have gave up waiting?
$BABA-W(09988)$  $BABA-W(09988)$  BABA been consolidating around the price level But I think still need to be patient and price may pull back during Trump visit to Xi. Market always sell first during nervous time. So I would consider to add at that time. 
$BABA-W(09988)$  $BABA-W(09988)$  $BABA-W(09988)$  Alibaba near 52 week low, lowest point at 101. I'm waiting patiently for 110 to add further. If I'm not vested then I think I would start to add now as it is considered cheap. 
$BIDU-SW(09888)$  $BIDU-SW(09888)$  Baidu struggling below 50 day moving average line, Trump will visit China on 18 May so there May be volatility until June. I'm still hoping to catch Baidu at 105. I will not add if it does not come to my level. I continue to wait and see. There is no rush to buy.
$BIDU-SW(09888)$  $BIDU-SW(09888)$  missed the chance to buy at 108 as I was waiting for it to go to 105 and lower but there may still have chance due to trump will visit China in 1 month so price may be very volatile during this quarter. I'm not rushing to buy and on a wait and see approach. What is your strategy?
$BABA-W(09988)$  $BABA-W(09988)$  BABA almost hit my target price of 115, I still think it will come to 110 - 115 range, I don't think it is the bottom yet, Trump will meet Xi soon, so another round of volatility. on the price action it is actually a bear flag. anyeay there are too many short term negatives but long term I remain bullish. I remain confident and continue to hold my position.
$BABA-W(09988)$  $BABA-W(09988)$  I don't think baba bottom yet. Those fomo buy last week must be conned by trump. It is still on a downwards trend and may not rebound so fast. So sit tight and ride this downward slope. Looking for opportunity to add, 
$SPDR Gold ETF(GLD)$   $XAU/USD(XAUUSD.FOREX)$  Gold hit its former support level turned resistance. Look at the chart it is all technical, it hit its 200 moving average and bounced and not hitting resistance. In the short term it will be heading downwards but in a mid to longer time frame I remain bullish for gold given US will lower interest rates and loosen monetary policy, Trump is request USD 1.5 trillion dollars for their defense budget it is a 40% increase, where do you think that money will come from? It will come in the expense of devaluation of the dollar. In the short term I expect it hitting his 200 day moving average about 4150 - 4200 range before bouncing up again. the
$BABA-W(09988)$  $BABA-W(09988)$  Alibaba near $120 support, I believe that support will be broken. further pull back is expected due to oil crisis/iran war. I still maintain looking to add at around 115 - 110 price range. 
$BABA-W(09988)$  $BABA-W(09988)$  Alibaba earning result disappointing due to lower EPS from higher marketing cost. There is short term bearish sentiments and it may drop further to my 115 price range, I'm looking to add around this level. Long term I'm confident with Alibaba so I don't mind average up if price is right.
$BABA-W(09988)$   $BABA-W(09988)$  this week BABA will announce their Q4 earnings. It may still drop further if result is not good. I don't think the drop is finish and that's why I have not considered to add to my position. EPS maybe weaken due to competition. 
Thank you for the award
$BABA-W(09988)$  $Alibaba(BABA)$  $BABA-W(09988)$  Alibaba drops as low as HKD125 last week And rebounded to 130. I think there is still room for further drops until earning release for the big rebound. I may add some if he goes to HKD 115 - HKD 110.
$BABA-W(09988)$  $BABA-W(09988)$  Alibaba price have come below 200 MA. With current uncertainty, I expect price to be under pressure in the short term until earning results is released. I expect earning results to bring positive news to lift the stock price for a rebound. BABA remain a huge potential, therefore I will be holding it for the long term.

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