$BABA-W(09988)$ $BABA-W(09988)$ 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.
$BABA-W(09988)$ $Alibaba(BABA)$ $BABA-W(09988)$ 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.
$XAG/USD(XAGUSD.FOREX)$ $SPDR Gold ETF(GLD)$ Gold chart looks like breaking out of a triangle, which is bullish. it looks to continue on an uptrend to recapture its all time high again. With the tension going on in Iran and uncertainty of tariff we can expect safe haven assets to continue to be strong Where investor go to risk off. look at it this way, the central banks around the world are still holding or increasing their gold position. As long there is demand from central banks then gold have very good potential for ATH again and again. Therefore I'm holding gold and don't intend to sell anytime soon. are you holding gold? Look
$XAG/USD(XAGUSD.FOREX)$ $iShares Silver Trust(SLV)$ Silver breakout of resistance level where it has been consolidating. With the current confusion on tariff and uncertainty, I think silver have a good chance to recapture $100 level before breaking all time high again. Now $84 will be support level. Would you still add to your silver position at current level? I'm holding on and don't intend to sell any time soon. I will consider again at the end of Donald Trump presidency. As long he is president, we will have uncertainty which is good for safe haven assets. Do you agree?
$BIDU-SW(09888)$ $Baidu(BIDU)$ Baidu chart is showing price coming back to long term support level. Baidu continue to be very undervalued with great potential for price to run up to 180 within this year due to Kunlun AI and Apollo self driving taxi, share buy backs and dividend announcement. It is a easy buy now. Long term chart shows it is still on the uptrend. I will be keeping Baidu and add my position if the rebound don't happen this week.
$Netflix(NFLX)$ I continue to be bearish at the moment for Netflix. I think it is overvalued at 23 forward PE and EPS of $2.39. It have uncertainty over its head with WB deal going on. The longer this uncertainty the worst for its share price. I expect it to drop further to $50 level. I will look to start to take position anything from $60 to $50 level. Do you think Netflix will win the deal?