$Alibaba(BABA)$ Its technical chart shows that baba is forming a ascending triangle pattern. The stock will probably continue to consolidate while forming a higher lows pattern to trend upwards slowly over time.
$TENCENT(00700)$ notice a good signal that the stock is standing back to EMA 200 green line. This trendline is always be used as a trend reversal indication
$Alibaba(BABA)$ $Alibaba(BABA)$ BuyAlibaba controls more than 60% of online shopping in China. Its international retail sales hit 41% . The proposed spinoff of its cloud group is a positive as it will allow the company to be more focus. Recently Jack ma and Jackson tsai showed confidence in the company prospect by buying up more shares With a P/E ratio of 11x forward 12 months earnings, BABA trades at a huge discount to AMZN (75x) .
$Tesla Motors(TSLA)$ BYD recently overtook Elon Musk’s Tesla as the global leader in sales of electric vehicles. Tesla reported a double miss and spooked investors further by flagging the prospect of a significant slowdown in volume growth in 2024
$Tesla Motors(TSLA)$ BYD recently overtook Elon Musk’s Tesla as the global leader in sales of electric vehicles. Past post 2 qtr earning, TSLA drop by 10%,will history repeat given this time more negative news
$Tesla Motors(TSLA)$ Before the report hits on the 24th of January – Tesla's earnings date – investors are keeping a keen eye on the horizon, watching for clues