$UnitedHealth(UNH)$ $UnitedHealth(UNH)$ I continue to be bullish on UNH. If you notice when there is a sell off in tech/AI related shares then health care will go up. So it continue to be positive to hold UNH.
$BABA-W(09988)$ $Alibaba(BABA)$ $BABA-W(09988)$ I was right last week that we would close higher compare to the previous week. This week I expect the same thing to happen, we should see a big drop 3 to 4 percent before closing the week below 110.
$BABA-W(09988)$ $Alibaba(BABA)$ $BABA-W(09988)$ my prediction was correct last week that we will close higher at end of the week compare to the previous week closing. Similarly this week I expect it to close higher compares to last Friday closing price. Generally I think the China tech stocks are oversold and buyers maybe rushing in to secure the low prices.
$BABA-W(09988)$ $Alibaba(BABA)$ $BABA-W(09988)$ BABA continue to fall last week but was holding up very well Compared to other chinses tech. the chart seems to show that this week will have a fall too but should recover by end of the week. We should find support at 100. It is becoming too cheap and many will snap up if reach 100. Will you add?
$BABA-W(09988)$ $Alibaba(BABA)$ $BABA-W(09988)$ BABA seems to hold up pretty well last week. It closed slightly Lower than the previous week but compare to the overall market it outperformed it. The overall market seems will continue the downward trend this week but BABA should be fine.
$BABA-W(09988)$ $Alibaba(BABA)$ last week Baba bounced, what about this week? I expect it continues to move higher for this week. It should not close lower than last Friday closing price. now we know interest rate expectations is trending higher and companies like Alibaba will be in a better position compared to to other AI companies in China that are not profitable yet.
$BABA-W(09988)$ $Alibaba(BABA)$ $BABA-W(09988)$ BABA continue to hang on to the resistance turned support level. It shows that it is a strong support level so far for not breaking down. This week is super critical, if it continue to have no bounce then most likely it will break down. I expect no rate hikes from the FOMC that will have all stocks rally.
$BABA-W(09988)$ $Alibaba(BABA)$ $BABA-W(09988)$ BABA this week should continue to bounce to around 120 and that is the resistance level. I think same like all stock waiting for next week FOMC before the next move up or down. I don't really care short term up or down But I'm predicting the moves based on the charts. Do you believe in the charts?
$BABA-W(09988)$ $Alibaba(BABA)$ $BABA-W(09988)$ BABA charts telling me we should see a bounce at the current price level. I believe it would not break this support level in the short term. I may expect it to bounce to around 120 in the short term.