$Alibaba(BABA)$ Hoping they were able to repurchase $5 billion or more in shares this quarter considering the dip in share price. As international expansion and efficiencies gain traction combined with continous multi-billion dollar quarterly buybacks we are building a powerful launch pad.Looks very good for long term investors.[Lovely][Lovely][Lovely]
$Alibaba(BABA)$My next purchase is $71 with a 5% discount. In the market I see, I don't want to actively buy bulls other than Chinese companies.If you provide me with a discount, I will feel grateful and plan to actively accumulate it.[Sly][Sly][Sly]
$Alibaba(BABA)$at current prices is roughly 75% from its blow off top in 2020.Around October- November 2022, we tested support at the historical bottom and bounced to test the Resistance zone with a REJECTION.Bringing us to our current price action where we have managed to maintain a HIGHER LOW.This supports the idea that perhaps trend is shifting towards BABA wanting to move UP.[Sly][Sly][Sly]Notice also the Blue, Green and Purple Moving averages, Flattening out. This can be an indication that price is showing demand after moving averages moved down so much from the highs.look for curve up in MA with crosses happening. This would be significantly supportive of probabilities we see Uptrend.Essentially the order from
$Alibaba(BABA)$Target price 140-160...Clearly undervalued stock[Great][Great][Great]Some power manipulate and shorting the stock....Don’t buy another bubble stocks.....BABA is the sleeping giant poised to explode.As I commented before, one day you wake up, BABA will increase 20%+[Happy][Happy][Happy]
$Alibaba(BABA)$If it holds $75 despite Fed higher for longer, it’s good news.In prior trade ranges, the stock would sell off quickly to $72, this time might consolidate here and potentially move higher after earnings.[Sly][Sly][Sly]
$JD.com(JD)$Broke out of the resistance and also trading above the 200d. I am now expecting this to target $32-$35. Keep adding to any dip as long as the 200d hold.Buy it in the dip and hope for the rising in the future!
$JD.com(JD)$Harmonic Dragon Formation in the Chinese Year of the Dragon - I like the idea. Monthly chart.The iSHS formation on the daily chart seems to be playing out well.When I see the MACD and Stochastic indicator on the monthly chart, I expect something along these lines. I'm sure I'll move the right channel some more, but I'm very confident that history will repeat itself and we'll reach point D soon.[Smart]So maybe we should think bigger.
$JD.com(JD)$The $HSI(HSI)$ breached its 200 Day Moving Average (orange) last week but it still faces some resistance from a 3 year downtrend line (aqua).I am anticipating a breakout for Chinese equities and my favorite chart so far is JD.com (JD) which has breached its 200 Day Moving Average with decent volume and a bullish engulfing weekly close.First target would be the 3 year downtrend line (aqua) at $37. After hitting the first target we will implement a trailing stop loss strategy at $34. The goal is to keep all profits but also play the larger breakout above the downtrend line (aqua).Second Target would be a gap fill around $51 see chart here.Stop Loss: $28Profit Target 1: $3
$JD.com(JD)$It could go 15x earning, will be around $47.00 by year end.PE15 is only a target of reasonable valuation. With the current momentum it should touch $60 easily. Whether it will pullback from $60 or go further beyond $106 depends on the next few earnings.[Happy][Shy][Grin]
$Mobile-health Network Solutions(MNDR)$This company is very solid that future with AI. It has high demand with all healthcare providers and patients. Will have a big announcement tomorrow or after tomorrow a big product license buyer and it will surge. Watch!
$JD.com(JD)$Hourly updated chart vs. week ago hourly call:1)Chikou confirming price action with rise above Senkou B bearish cloud span...BULLISH.2) Price action trading above Senkou B bearish cloud span...BULLISH.3) DI+ confirming buyers in control...BULLISH.4) ADX rising confirming trend change...BULLISH.5) I neglected to annotate that tenken-kijun buy signal crossover that was referenced last week...BULLISH.
$JD.com(JD)$$Baidu(BIDU)$$Alibaba(BABA)$ I have said this before and will say it again. The second largest economy in human history dips … you buy that dip and hold. [Smart][Smart][Smart]I will not sell here until I’m reading headlines of a global economy recovery.
$JD.com(JD)$Just took second JD position long from 24.77 of the table @ 26.97.Taking the 2+ points profit and look to re-long on pullback.I do remain very bullish on JD. All of the necessary metrics continue to appear to remain in place.[Miser][Miser][Miser][Cool][Cool][Cool]
$JD.com(JD)$ as per the published chart, shows a divergence, the price trendline which still reflects a downtrend and a non-breakout, is not on par with the volumes as shown by the obv indicator, and that the breakout of the downtrend has actually already occurred , as the price has reached the bottom.
$JD.com(JD)$said Thursday that it has repurchased $500 million worth of shares under its new share-buyback plan, effective through March 18, 2027, with about $2.5 billion remaining as of March 31.[Miser]The company also said it bought back about $2.1 billion under the previous buyback program, which expired March 17.The series of operation may drive the stock price higher![Grin][Grin]JD for the long!
Weekly Recap | The HSI tumbled amidst a never-ending Black Swan!
The Hong Kong stock market performed poorly with $HSI(HSI)$ down 2.98% last week, hovering dangerously close to the 16,000-point mark.On the news, it's a mix of internal and external troubles:On April 16th, the National Bureau of Statistics released data showing that GDP for the first quarter hit 29.6 trillion yuan, a whopping 5.3% growth that surpassed analysts' expectations. But the real estate sector continues to deteriorate. Newly constructed commercial housing sales area fell 19.4% year-on-year, and sales value dropped 27.6%.Overseas, Fed Chairman Powell said that the US economy is strong in most respects, except that inflation hasn't yet reached the central bank's target. He also pointed out that the world's most important central bank is unl
Are TCEHY and BABA the Must-Have Stocks for China Investors?
: TCEHY | Tencent Holdings Ltd ADR News, Ratings, and ChartsChina, the world’s second-largest economy, has faced several challenges, including a struggling property market, record youth unemployment, subdued consumption, deflation, loss of consumer confidence, and declining birth rates. However, the Chinese authorities are undertaking several corrective measures to get the economy back on track.Against this promising backdrop, investors looking to invest in China could consider buying fundamentally strong stocks $Alibaba(BABA)$ and $TENCENT(00700)$ .According to official figures issued by the National Bureau of Statistics, China’s economy expanded faster than predicted in the first quarter. GD
$TENCENT(00700)$$Tencent Holding Ltd.(TCEHY)$After years of down trend it is showing some sign of trend bottoming. Mainly supported by company share-buyback in the past few weeks. While selling pressure from the market is not strong to pull the price lower after each selling. This is indicating that the selling pressure is weak. Which supports the kick start of a bullish trend. In short term, the price movement continue to show bullish where the selling pressure erased with price marking back higher after sell down in the past 3 trading days. A short term rebound from recent retrace is on the way.
$TENCENT(00700)$$Tencent Holding Ltd.(TCEHY)$Told you all get tencent in china sector. That is my main holding and its pretty much only stock holding strong in china.[Happy][Happy][Happy]Social media and gaming is the future for the younger generation there and they are expanding all over the world as we speak. Buybacks and yield is keeping this stable but I am worried about everything else now. IRAN launchign those missiles is going to push chinese investors back to gold right now...Gonna be rocky ride this year but still we are in discount mode.
$Alibaba(BABA)$at current prices is roughly 75% from its blow off top in 2020.Around October- November 2022, we tested support at the historical bottom and bounced to test the Resistance zone with a REJECTION.Bringing us to our current price action where we have managed to maintain a HIGHER LOW.This supports the idea that perhaps trend is shifting towards BABA wanting to move UP.[Sly][Sly][Sly]Notice also the Blue, Green and Purple Moving averages, Flattening out. This can be an indication that price is showing demand after moving averages moved down so much from the highs.look for curve up in MA with crosses happening. This would be significantly supportive of probabilities we see Uptrend.Essentially the order from
$Alibaba(BABA)$ Hoping they were able to repurchase $5 billion or more in shares this quarter considering the dip in share price. As international expansion and efficiencies gain traction combined with continous multi-billion dollar quarterly buybacks we are building a powerful launch pad.Looks very good for long term investors.[Lovely][Lovely][Lovely]
$Alibaba(BABA)$Target price 140-160...Clearly undervalued stock[Great][Great][Great]Some power manipulate and shorting the stock....Don’t buy another bubble stocks.....BABA is the sleeping giant poised to explode.As I commented before, one day you wake up, BABA will increase 20%+[Happy][Happy][Happy]
$Alibaba(BABA)$My next purchase is $71 with a 5% discount. In the market I see, I don't want to actively buy bulls other than Chinese companies.If you provide me with a discount, I will feel grateful and plan to actively accumulate it.[Sly][Sly][Sly]
$Alibaba(BABA)$If it holds $75 despite Fed higher for longer, it’s good news.In prior trade ranges, the stock would sell off quickly to $72, this time might consolidate here and potentially move higher after earnings.[Sly][Sly][Sly]
$JD.com(JD)$The $HSI(HSI)$ breached its 200 Day Moving Average (orange) last week but it still faces some resistance from a 3 year downtrend line (aqua).I am anticipating a breakout for Chinese equities and my favorite chart so far is JD.com (JD) which has breached its 200 Day Moving Average with decent volume and a bullish engulfing weekly close.First target would be the 3 year downtrend line (aqua) at $37. After hitting the first target we will implement a trailing stop loss strategy at $34. The goal is to keep all profits but also play the larger breakout above the downtrend line (aqua).Second Target would be a gap fill around $51 see chart here.Stop Loss: $28Profit Target 1: $3
$JD.com(JD)$Harmonic Dragon Formation in the Chinese Year of the Dragon - I like the idea. Monthly chart.The iSHS formation on the daily chart seems to be playing out well.When I see the MACD and Stochastic indicator on the monthly chart, I expect something along these lines. I'm sure I'll move the right channel some more, but I'm very confident that history will repeat itself and we'll reach point D soon.[Smart]So maybe we should think bigger.
$JD.com(JD)$Broke out of the resistance and also trading above the 200d. I am now expecting this to target $32-$35. Keep adding to any dip as long as the 200d hold.Buy it in the dip and hope for the rising in the future!
$JD.com(JD)$It could go 15x earning, will be around $47.00 by year end.PE15 is only a target of reasonable valuation. With the current momentum it should touch $60 easily. Whether it will pullback from $60 or go further beyond $106 depends on the next few earnings.[Happy][Shy][Grin]
Are TCEHY and BABA the Must-Have Stocks for China Investors?
: TCEHY | Tencent Holdings Ltd ADR News, Ratings, and ChartsChina, the world’s second-largest economy, has faced several challenges, including a struggling property market, record youth unemployment, subdued consumption, deflation, loss of consumer confidence, and declining birth rates. However, the Chinese authorities are undertaking several corrective measures to get the economy back on track.Against this promising backdrop, investors looking to invest in China could consider buying fundamentally strong stocks $Alibaba(BABA)$ and $TENCENT(00700)$ .According to official figures issued by the National Bureau of Statistics, China’s economy expanded faster than predicted in the first quarter. GD
Weekly Recap | The HSI tumbled amidst a never-ending Black Swan!
The Hong Kong stock market performed poorly with $HSI(HSI)$ down 2.98% last week, hovering dangerously close to the 16,000-point mark.On the news, it's a mix of internal and external troubles:On April 16th, the National Bureau of Statistics released data showing that GDP for the first quarter hit 29.6 trillion yuan, a whopping 5.3% growth that surpassed analysts' expectations. But the real estate sector continues to deteriorate. Newly constructed commercial housing sales area fell 19.4% year-on-year, and sales value dropped 27.6%.Overseas, Fed Chairman Powell said that the US economy is strong in most respects, except that inflation hasn't yet reached the central bank's target. He also pointed out that the world's most important central bank is unl
3 E-Commerce Stocks That Have Outperformed Amazon Over the Past 5 Years
Amazon is a great growth stock, but you may want to consider these promising e-commerce stocks for even better long-term returns. $Amazon.com(AMZN)$ has been a top growth stock to own for years. Its massive e-commerce business has helped send its valuation to around $2 trillion today, making it among the largest companies in the world.And so you might be surprised to learn that over the past five years, it has not been the best e-commerce stock to own. It's not even in the top three. Three e-commerce stocks that have been better buys than Amazon are $PDD Holdings Inc(PDD)$ , $Shopify(SHOP)$ , and $MercadoLibre(MELI)$ .
$JD.com(JD)$Hourly updated chart vs. week ago hourly call:1)Chikou confirming price action with rise above Senkou B bearish cloud span...BULLISH.2) Price action trading above Senkou B bearish cloud span...BULLISH.3) DI+ confirming buyers in control...BULLISH.4) ADX rising confirming trend change...BULLISH.5) I neglected to annotate that tenken-kijun buy signal crossover that was referenced last week...BULLISH.
$JD.com(JD)$said Thursday that it has repurchased $500 million worth of shares under its new share-buyback plan, effective through March 18, 2027, with about $2.5 billion remaining as of March 31.[Miser]The company also said it bought back about $2.1 billion under the previous buyback program, which expired March 17.The series of operation may drive the stock price higher![Grin][Grin]JD for the long!
$JD.com(JD)$ as per the published chart, shows a divergence, the price trendline which still reflects a downtrend and a non-breakout, is not on par with the volumes as shown by the obv indicator, and that the breakout of the downtrend has actually already occurred , as the price has reached the bottom.
$JD.com(JD)$Just took second JD position long from 24.77 of the table @ 26.97.Taking the 2+ points profit and look to re-long on pullback.I do remain very bullish on JD. All of the necessary metrics continue to appear to remain in place.[Miser][Miser][Miser][Cool][Cool][Cool]
$Alibaba(BABA)$down $8 YTD despite so many catalysts. 2023 tax loss selling ended. Jack Ma didn't sell shares. Wu is better CEO than Zheng. Ant received regulatory approval. [Cool][Sad]Made Barron’s Top Ten in 2024 list. Ma and Tsai bought $200M of BABA. $278B stimulus announced. China reduced reserve requirements and banned loaning of restricted shares.China cut interest rates. Burry and Tepper bought. Interest rate cut. Record share buy back in Q1. Ma supports Tsai and BABA's recovery plan. Better than expected Q1 economic data.[Grin][Grin][Grin]Alibaba | Know Your Meme
A few positive things did happen for $Alibaba(BABA)$. The removal of Daniel Zhang and being replaced by Joseph Tsai[Sly][Sly][Sly]. So far, I like what Jospeh has done for the company, making it leaner and removing excess fats that are stalling its growth.They have also started to declare dividends and shares purchase buyback, boosting investors confidence. We have seen the share price pretty stable at 70 price mark although the recent days has seen it gone to a low of 67.30.[Cool][Cool][Cool]Like $TENCENT(00700)$ , I am in no hurry to accumulate and keep myself updated with the news happening in the industry and the regulatory moves in China.9988: Alibaba Holdings Update
$TENCENT(00700)$$Tencent Holding Ltd.(TCEHY)$After years of down trend it is showing some sign of trend bottoming. Mainly supported by company share-buyback in the past few weeks. While selling pressure from the market is not strong to pull the price lower after each selling. This is indicating that the selling pressure is weak. Which supports the kick start of a bullish trend. In short term, the price movement continue to show bullish where the selling pressure erased with price marking back higher after sell down in the past 3 trading days. A short term rebound from recent retrace is on the way.