$BABA-W(09988)$ $Alibaba(BABA)$ $BABA-W(09988)$ Alibaba charts is currently very bullish as it is on a up trending. It may find some short term resistance at the 200 day moving average at about 135 level But if it push above that then we may go back to 190 and beyond I expect all this before the year completes. Alibaba remains 1 of the undervalued AI play. Now 120 will be a good support level.
$BIDU-SW(09888)$ $Baidu(BIDU)$ $BIDU-SW(09888)$ Baidu seems to bounce and support level of around 100 and if you look at the charts, it is recent triple bottom. Very good support level. However, I will only add if break this level as I already have a position. I think Baidu is cheap for its price now and good potential moving forward due to Kunlun AI which IPO will boost Baidu share price. What price will you buy at?
$BIDU-SW(09888)$ $Baidu(BIDU)$ $BIDU-SW(09888)$ I'm bullish on Baidu for the long term and a inverse head and shoulders seems to me forming. The current level is a good support level as it bounce at this level previously. If it breaks 100 then i would start to add from below 95. At current it is very cheap already they are below book value.
$BABA-W(09988)$ $Alibaba(BABA)$ Alibaba V-shape recovery. More good news coming out each week. Latest is moonshot Ai where Alibaba owns more than 35% stake which will value around USD 10B. Apple using Qwen in their Apple Intelligence. T-head to IPO. And the best part Alibaba is still under value even with this V-shape recovery. Can still buy now as it is still very cheap. Can continue to buy even 130-140.
$XAU/USD(XAUUSD.FOREX)$ $SPDR Gold ETF(GLD)$ $Lion SG Phy Gold S$(GLS.SI)$ Gold seems to be at a very strong support level at $4000. So far it have fall below but always close above. It maybe the 4000 level in the chart, the price is getting to a more and more narrow wedge it will either have a big breakout or a big breakdown. I'm in the camp that the price have already came down more than 25% we should see it move higher from 4000. I'm positive about gold moving forward given money printing is still aggressive. Gold should recover to 4500 by Q4.&nbs
$BABA-W(09988)$ $BABA-W(09988)$ Alibaba looks like on a V shape recovery, it dropped sharply to 88 and now back at 110. I'm lucky that I buy some at 89. I think 88 is the bottom already and from now it is upwards towards 200 until year end. I would say Baba is still cheap considering it will double its price soon again. Money rotation will happen due to low valuation.
$BIDU-SW(09888)$ $BIDU-SW(09888)$ Baidu overly undervalued. P/B of 0.97 and forward PE of below 15. Considering it is a profitable busniness and going to IPO it AI chip business of Kunlun Ai, I think the negative sentiments of Baidu is over and the rebound have started. While I did not add more during this down turn, I did hold on and did not give up on Baidu as I think there are great opportunities and highly undervalued. Have you sold your Baidu or you are holding like me?
$BABA-W(09988)$ $BABA-W(09988)$ Alibaba continue to drop further, I took the chance to add at HK$89 for 300 shares. I continue to look forward for it to drop. If drop I will buy again. Next level to add at 80. Very very cheap. Downside is getting more and more limited. Will you buy or you have sold out?
$UnitedHealth(UNH)$ $UnitedHealth(UNH)$ UNH is on a bull run, very defensive. A good rotation stock against AI. It is good time to own UNH now. Looking forward for it to march towards its all time high. It may take a long time but it may be slow and steady. Will you buy/hold/sell UNH?
$BABA-W(09988)$ $BABA-W(09988)$ added 200 shares of Alibaba 99.45. So cheap, can't help but keep adding. I will add further if it continue to drop. Next level I want to add is 94 - 95. Are you selling or buying?