ItryInvestin
2023-07-25

$Alibaba(BABA)$ Often known as the "amazon of China" and with current reforms, I do foresee an increase in stock prices (Not sure how long it would take, but the 4% boost on Monday signals a movement).

Noting many analysts are in good agreement that stock price will increase, with target price around $130-133. 


May everyone huat and earn :) Not an advice to buy and please buy only at your own discretion, aftrall china stocks have been very volatile the past two years and it is not for the faint hearted! 


Lessons I learnt in investment the past two years:

1. Investment is never about timing the market but being in the market

2. Know your risk appetite VERY WELL. If you are going to be constantly opening the app to check if it rise or fall, then perhaps placing your money in safer areas e.g fixed deposits / high interests savings, will be a better choice. It is never ideal to lose sleep for this.

3. Investment in NOT gambling, you will never get rich fast unless you are hella lucky. Set a side emergency funds before you even decide to start your investment journey.


# 2022 Investing Review

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • RandyHall
    ·2023-07-25
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    I hope BABA gets to $115 so I can sell my trading position. Will buy again after the next dive.

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  • Hilliton324
    ·2023-07-25

    We expect to see large scale stimulus launched by Chinese in coming days... That's very much required to be able straighten their economy out of the current doom loop.

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  • JONESTea
    ·2023-07-25

    It looks as we have a serious rise in price for our BABA. I am neutral as long as we range below $ 105 p/s. Upwards from there do some buying.

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  • CharlesBaker
    ·2023-07-25

    BABA: Bearish to bullish reversal bottoming phase. The parallel down trend has ended and

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  • ZOE011
    ·2023-07-25

    I rather own BABA than overpriced NVDA, TSLA or META.

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