BABA is near 52wks low
$BABA-SW(09988.HK$ Just set an alert on the historical low price.. I will start buying when it reaches there. Not too far from 52wk low...
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makemoonies : but cheap can also get cheaper lol
HappyGotLucky OP : Ya. bottomless. I think it will take another 2-3 years before we can see a significant improvement in China Market. If China can not even maintain HSI above 16000, the market sentiment will continue to be down, not just BABA. HSI is now worse than back in 2000. I'm not sure if it will halve again to 8000, like back in 1998. Don't keep doing DCA until things get more stable.
HappyGotLucky OP makemoonies : This is why I set an alert at Historical Low, which is around 60.