$BABA.US$ alibaba has almost covered the gap at 123.8. This ...
$BABA.US$ alibaba has almost covered the gap at 123.8. This means there is now nothing below to push baba back down. I rather the gap be covered now than later. If the gap is left opened, we have higher possibility of coming back down to cover it.
As always, trade safe & invest wise!
As always, trade safe & invest wise!
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laiweipei11 : If US stocks don't open, it's fine. US stocks have been maliciously shorted
Mooli Mooli : Yeahh so its up up time.. till 139~?
Bryan Teh 价值投资 : up time
丁蟹NA : Let's see, put a limit order at 123.9
102858008 丁蟹NA : u missed to catch the bottom 109.
Investing 101 OP 102858008 : He didn't. We opened at the bottom on Friday.. Haha.
丁蟹NA 102858008 : in fact i did catch 109. just did not go all in, just in case it went lower.
丁蟹NA : WOW MY LIMIT ORDER GOT HAPPY
Investing 101 OP 丁蟹NA : Yes has to cover gap. Won't leave small gap.
102858008 丁蟹NA : wa. gxgx. I was waiting to go lower than 100. then add again. 109 was really cheap. u alr profit liao
102858008 Investing 101 OP : I like it
Investing 101 OP 102858008 : Yes closed some calls at 80% profit yesterday.
Investing 101 OP 102858008 : Oh you said he missed it. Ya 100 was the next support. Would have waited there if 108 didn't hold as well.
Evelynne : Safe transaction, wise investment
Celestinel : I think Alibaba is still a stock worth investing in
Investing 101 OP Celestinel : For sure. But if this is not the bottom, I will not risk entering yet. Because you never know how low a stock can fall despite good fundamentals. Everyone has different strategy. Some prefer not to bother and just DCA monthly as the price falls. But I will prefer to load up a huge chunk when I see confirmation signal it has bottom.