Buy or Sell ?
$Alibaba (BABA.US)$ 88.25
BABA stock failed to reach my expectation of atleast 0.618 retracement or $98 after earnings report. it only reached 0.50 retracement.
BABA is now making the 2nd last low of around $87. After that, we could a good bounce to $95-100. Yes! $100 is finally coming !
The bull cycle is coming ! Dont back out now!
Do your own due diligence. I am not a financial advisor.
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nitrousstang : Already had the bounce and institutions that knows best decided to bring it back down before market open.
Money Thrill : Sometimes, you just have to be patient. i buyed at 90.60 for long-term 2 years. I know after earnings always downwards but that's normal. Some people takes profits and don't trust future. Short term investors never got great return. A few dollars more or minus, is not a problem. And i was an financial advisor![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Money Thrill : If you look at fundamentals this stock compared to US stocks ... price-earnings, cash flow, buybacks .... perhaps more stimulus from gouvernement ... very good for future. And it comes from 300 !!! 1/3 of past price ? Be reseanable ... better then $ASML Holding (ASML.US)$
102702622 OP nitrousstang : Yes. Sunny days are coming for baba. That is for sure
102702622 OP Money Thrill : Sunny days are coming for baba . I think $136 is coming soon.
102702622 OP Money Thrill : How can it be better than ASML. ASML. has a solid moat that no competitor can come close
102702622 OP Money Thrill : If you look at the Hong Kong market index chart, it is not a good sign for the medium term.
I will probably get out at $140-150
Money Thrill 102702622 OP : Correction not better than ASML , i have lot of shares from it. The best Quantum lithography machine. It was Supermicro Computer i mean $Super Micro Computer (SMCI.US)$ ! This photo is from the new invention and new factory from ASML ...
Money Thrill 102702622 OP : i too, with a little patience is shall go to 150 ! I am a little more worry about the prices of US shares? to great expectations?