$BABA-W(09988)$ $BABA-W(09988)$ Alibaba looks to break 120 level this week, it is looking very interesting and good price to add if you don't have any position but I will add only if 110 or lower. My average price is about 94, so I don't mind average up again cos it is still seems undervalued. This price weakness may continue for sometime, so I'm not in a rush to add.
$BABA-W(09988)$ $BABA-W(09988)$ Alibaba looks breaking trend line and moving lower and will test 120 in this coming week. With the weakness in the China tech, I think we may have a chance to buy some at 110 range to 120. Waiting patiently for the right opportunity. At what price you will buy in?
$BABA-W(09988)$ $BABA-W(09988)$ Alibaba at technical support level, will it bounce from here? Next support level at 125. I'm hoping it break support and drop below 120, so I can add more. Alibaba is expanding their AI cloud business and may have bright future. Are you holding on to Alibaba like me or you have gave up waiting?
$BABA-W(09988)$ $BABA-W(09988)$ BABA been consolidating around the price level But I think still need to be patient and price may pull back during Trump visit to Xi. Market always sell first during nervous time. So I would consider to add at that time.
$BABA-W(09988)$ $BABA-W(09988)$ $BABA-W(09988)$ Alibaba near 52 week low, lowest point at 101. I'm waiting patiently for 110 to add further. If I'm not vested then I think I would start to add now as it is considered cheap.
$BIDU-SW(09888)$ $BIDU-SW(09888)$ Baidu struggling below 50 day moving average line, Trump will visit China on 18 May so there May be volatility until June. I'm still hoping to catch Baidu at 105. I will not add if it does not come to my level. I continue to wait and see. There is no rush to buy.
$BIDU-SW(09888)$ $BIDU-SW(09888)$ missed the chance to buy at 108 as I was waiting for it to go to 105 and lower but there may still have chance due to trump will visit China in 1 month so price may be very volatile during this quarter. I'm not rushing to buy and on a wait and see approach. What is your strategy?
$BABA-W(09988)$ $BABA-W(09988)$ BABA almost hit my target price of 115, I still think it will come to 110 - 115 range, I don't think it is the bottom yet, Trump will meet Xi soon, so another round of volatility. on the price action it is actually a bear flag. anyeay there are too many short term negatives but long term I remain bullish. I remain confident and continue to hold my position.
$BABA-W(09988)$ $BABA-W(09988)$ I don't think baba bottom yet. Those fomo buy last week must be conned by trump. It is still on a downwards trend and may not rebound so fast. So sit tight and ride this downward slope. Looking for opportunity to add,