π $BABA vs πΊ $MEITUAN β Trend Rider or Underdog Gambler?
Investors in China tech are facing a familiar dilemma: follow the major trend or bet on an underdog comeback?
Alibaba ($BABA) surged 12% after its latest earnings, underscoring how scale, margin recovery, and favorable policy support can reignite investor confidence. Riding $BABA aligns you with momentum and fundamentals, giving safer compounding returns as e-commerce and cloud operations stabilize. The Streetβs targets now point toward the $90β100 zone if support near $80 holds firm.
Meituan ($MEITUAN), on the other hand, tumbled sharply after reporting earnings. Yet, in every selloff lies the seed of opportunity. If Meituan can demonstrate cost discipline and benefit from a rebound in Chinese consumer demand, a mean-reversion rally back toward HK$125β130 is entirely possible. The risk? A breakdown below HK$100, which would likely trigger further outflows.
π Price levels to watch:
$BABA: Support $80 β breakout zone $90 β upside $98β100
$MEITUAN: Support HK$110 β rebound target HK$125β130 β risk HK$100
π Trend followers will prefer $BABA.
π Risk-takers may eye $MEITUAN's comeback potential.
I'm not a financial advisor. Trade wisely, Comrades!
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- Porter HarryΒ·09-02Thanks for your technical analysis!1Report