MaDLabbit
12-01

$BABA-W(09988)$  $BABA-W(09988)$  last week BABA posted revenue growth and their Cloud business better than estimated but their share price still drop. From the charts it looks like at support level now and 200 day moving average at about 130. For now I will be holding and if drop to 200MA then I will look to add some. I'm super confident on BABA for the long term, so will continue to add when opportunities arise.
# Winning Trades

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  • Venus Reade
    ·12-01
    TOP
    Interesting tidbit from Q3 results. Warranty costs were down $450M YOY. Continued cost improvement could really impact earnings in a positive way going forward.
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  • Merle Ted
    ·12-01
    TOP
    there is one thing all baba investors agree on, and that is that $157 is the bottom. There is only one way for it to go from here, and that is up.
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  • bumpy
    ·12-01
    Solid support here! BABA's cloud growth is promising. Adding on dips makes sense. [看涨]
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  • JackQuant
    ·12-01
    I believe in the growth of Alibaba!
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