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Do we have a possible accumulation phase here on the daily chart of $NASDAQ 100 Index (.NDX.US)$ ?
If it is an accumulation phase. Does it mean now we are going up?! Some things to take note should we already be in an accumulation phase which I was talking about since 1 month ago!
Watch the video to know more about what might happen and how to spot an accumulation other than similarities in chart patterns!
Also on my video I stated $Alibaba(BABA)$ was bullish short term. Looks like we have a ni...
If it is an accumulation phase. Does it mean now we are going up?! Some things to take note should we already be in an accumulation phase which I was talking about since 1 month ago!
Watch the video to know more about what might happen and how to spot an accumulation other than similarities in chart patterns!
Also on my video I stated $Alibaba(BABA)$ was bullish short term. Looks like we have a ni...
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$Microsoft (MSFT.US)$ reported earnings for Q4 of the fiscal year 2022, Q2 of the civil year ended June 30 after the bell on Tuesday, June 26. Despite failing Q4 expectations, Microsoft stock rose before the bell on Wednesday on optimism about the FY23 outlook.
Why did it report Q4 earnings in July? And what is the difference between a fiscal year and a calendar year?
A civil year, or a calendar year, is based on the Gr...
Why did it report Q4 earnings in July? And what is the difference between a fiscal year and a calendar year?
A civil year, or a calendar year, is based on the Gr...
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$BABA-W (09988.HK)$ Alibaba announced that it is seeking primary listing in Hong Kong. Currently Alibaba is trading in the US and HK exchanges but it is a secondary listing for the latter.
The technical differences of a primary and secondary listing aren't important for investors except one - Alibaba could be included in the Shanghai/Shenzhen-HK Stock Connect.
While you might be having the options of investing globally, Chinese investors do n...
The technical differences of a primary and secondary listing aren't important for investors except one - Alibaba could be included in the Shanghai/Shenzhen-HK Stock Connect.
While you might be having the options of investing globally, Chinese investors do n...
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$BABA-W (09988.HK)$
$Alibaba (BABA.US)$
News like this causes a bullish reaction almost 90% of the time. Sometimes the reaction is immediately bullish. Sometimes it will take time for the news to get digested by the markets. But the main point is basically headlines about a stock listing will generally generate a bullish reaction. This could possibly be the reason for Alibaba's big gap up in price today in Hong Kong at market open.
$SSE Composite Index (000001.SH)$ $CSI 300 Index (000300.SH)$ $Hang Seng Index (800000.HK)$ $FTSE Singapore Straits Time Index (.STI.SG)$ $JD-SW (09618.HK)$ $BYD COMPANY (01211.HK)$ $MEITUAN-W (03690.HK)$ $XPENG-W (09868.HK)$ $NIO-SW (09866.HK)$
$Alibaba (BABA.US)$
News like this causes a bullish reaction almost 90% of the time. Sometimes the reaction is immediately bullish. Sometimes it will take time for the news to get digested by the markets. But the main point is basically headlines about a stock listing will generally generate a bullish reaction. This could possibly be the reason for Alibaba's big gap up in price today in Hong Kong at market open.
$SSE Composite Index (000001.SH)$ $CSI 300 Index (000300.SH)$ $Hang Seng Index (800000.HK)$ $FTSE Singapore Straits Time Index (.STI.SG)$ $JD-SW (09618.HK)$ $BYD COMPANY (01211.HK)$ $MEITUAN-W (03690.HK)$ $XPENG-W (09868.HK)$ $NIO-SW (09866.HK)$
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Alibaba broke out to the upside of a very short term range, which is at a major horizontal support level. It depends on how the U.S market takes this news of the NYSE listing in the future.
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$
$Hang Seng Index (800000.HK)$ $SPDR S&P 500 ETF (SPY.US)$
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$
$Hang Seng Index (800000.HK)$ $SPDR S&P 500 ETF (SPY.US)$
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"Allowing Chinese mainland investors to buy $BABA-W (09988.HK)$, $Alibaba (BABA.US)$ share more easily."
Isn't that a good thing?
I think it is a good strategy .
However, we don't know the future .
Idk 🤷♂️, I just got this bad feeling that every time this kind of thing happened, the stock price will be very positive/bullish at the beginning but later on, manipulators like short sellers will come in to crash the stock pri...
Isn't that a good thing?
I think it is a good strategy .
However, we don't know the future .
Idk 🤷♂️, I just got this bad feeling that every time this kind of thing happened, the stock price will be very positive/bullish at the beginning but later on, manipulators like short sellers will come in to crash the stock pri...
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$Alibaba (BABA.US)$ dual primary listing is good news to investors trading now. A stricter criteria gives one a peace of mind vs previous secondary listing.
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Quarter ending September 2022.
Key metrics:
• Revenue +3% Y/Y to $29.1B ($0.5B miss).
• Non-GAAP EPADS $1.82 ($0.17 beat).
• Operating margin 12% (+5pp Y/Y).
• FCF margin 17% (+6pp Y/Y).
Key metrics:
• Revenue +3% Y/Y to $29.1B ($0.5B miss).
• Non-GAAP EPADS $1.82 ($0.17 beat).
• Operating margin 12% (+5pp Y/Y).
• FCF margin 17% (+6pp Y/Y).
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The Global Times pointed out in its report that Alibaba is "pursuing valuable changes". Alibaba, which has grown up with the development of China's digital economy, hopes to be listed in Hong Kong and New York, which means that more Chinese investors will be able to share its growth results, and it will also attract global high-quality capital and bring positive effects to Hong Kong.
CCTV Finance and Economics Channel and China News Serv...
CCTV Finance and Economics Channel and China News Serv...
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Alibaba announced today that the board of directors has authorized the management of the group to submit an application to the Hong Kong Stock Exchange to add Hong Kong as a major listing place, which is expected to take effect before the end of 2022. After completing the audit procedures, Alibaba will be listed on the main board of the Hong Kong Stock Exchange and the New Yor...
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W Chiang : 101 post suddenly So quiet
Ben 23 : Thanks for sharing. Hope we are still in phase B and gave some chance for accumulation.
dwarrior : Yes yes. Go down further so that I can accumulate
102581502 W Chiang : coz people realised it's more of crystalball101 rather than investing101
102581502 W Chiang : every market condition also can start with, "I spoke about this xx months/weeks ago". lol
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