$Alibaba(BABA)$ came and went brother, it’s been under its IPO price for well over a year. Topped at $300 and for a company that large to have such a crappy overall return compared to its peers is crazy. Just go buy American tech and not Chinese dog stocks that all pop and dropped. $Alibaba(BABA)$$JD.com(JD)$$NIO Inc.(NIO)$ all are in the dumpster meanwhile American tech returned at least 50% or more this year. The trend is your friend. Garbage is garbage.
Very interesting -News today on Coinbase as we approach the target area. Please bear in mind my target may not be the exact top.. It wll be close, but I am not into trading exact tops, as this can often be areas of high volatility and pullbacks. With that said- This article today was interesting to see Right Now as we are less than 1 week from 2024. $Coinbase Global, Inc.(COIN)$ stock is continuing its huge December surge today, up over 6% in morning trading on Dec. 27 to $183.18 per share. The stock is up 155% from its low of $71.86 on Nov. 26.This is likely due to a huge surge in BitcoinThree large tranches of 'puts' have traded with high Volume/Outstanding Interest (VOL/OI) ratios.Two of the three tranches relate to options expiration periods e
$Alibaba(BABA)$ weekly timeframe. Really like this setup here. Bullish engulfing and follow through this past week. The volume profile is validating price action. I won't get into fundamentals because it's very undervalued in every aspect. Technicals look great.
$Pinduoduo Inc.(PDD)$In my opinion, the reason why it’s not way down is because most investors feel that there was an overreaction to Yesterdays news and that everything will be just fine. Every time something happens that is China related we think there is spying behind it. It could just be consumer related. That is my opinion and hope it is useful for you.
$Enzo Biochem(ENZ)$ This still has yet to have any meaningful pullback. I'm looking for a 50% retracement, which would be normal, before considering going long on this. did already a few Offerings. A sell is not Always positives. Ask yourself, would you sell a Good Running Company? In Some Cases Maybe yes. But wouldnt be suprised if we See here again a new Offering.
$New Oriental Education & Technology(EDU)$ Look at 2023 report, $New Oriental Education & Technology(EDU)$ is no long an Educational Institution, Most income came from online-stream sales.Does anyone know if the online-streaming sales, were "educational" material, or is it "things" like clothes, electronic, etc ? If it's educational streaming, I think it will still have a good future, but if it is clothes, electronics, etc, It is not persistent development. That's riskier, and up and down. Any input?
$Mullen Automotive(MULN)$ all these ftds and uncovered short shares will be a problem at some point soon. The lenders aka brokers/banks will force them to pay up or they themselves will go belly up. Makes sense rates steadily creep up as debt is being offset temporarily once again off the backs of citizens/investors. Hold tight and prevail