TENCENT& BABA: Buy in the deep!
Hello everyone! Today i want to share some technical analysis with you!
1.
Have been a buyer of $Alibaba(BABA)$ and $TENCENT(00700)$ in early December— one up, one down.
Alibaba looks like it will go a bit lower— 78-80
While Tencent is consolidating nicely.
I continue to like both trades & think the dip from early October highs is one to buy[Happy][Happy][Happy]
Follow me to learn more about analysis!!
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.
Great article, would you like to share it?