$Alibaba (BABA.US)$ After a 9% rise, there will be some profit taking, for sure. As long as it doesn't fall below the previous day low, short-term bullish trend, still in play.
If you entered new money long at the highs yesterday, got to be patient and trust it test the upper bound at 97, then 100.
If you entered new money long at the highs yesterday, got to be patient and trust it test the upper bound at 97, then 100.
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ShyFish_
commented on
$Super Micro Computer (SMCI.US)$
Just fyi, paying down debt is the equivalent of a shares buyback in accounting terms. Both are signs of balance sheet strength, bullish stance and increases shareholder value.
If SMCI is to be delisted, they should instead borrow more due to less shares capital. But they are paying down debt, which means they are sitting on a mountain of cash at the moment.
SMCI might announce a dividend or be bought over by someone taking advantage o...
Just fyi, paying down debt is the equivalent of a shares buyback in accounting terms. Both are signs of balance sheet strength, bullish stance and increases shareholder value.
If SMCI is to be delisted, they should instead borrow more due to less shares capital. But they are paying down debt, which means they are sitting on a mountain of cash at the moment.
SMCI might announce a dividend or be bought over by someone taking advantage o...
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$Alibaba (BABA.US)$ If not for BABA -SW, and strong buybacks, this would already be in the low 70s...
$Advanced Micro Devices (AMD.US)$
Above is weekly candles. We can see smart money indeed came in at the golden zone. However, the conviction is not really there, unable to reclaim 141.7 convincingly. Semi is looking weak still, and money is FOMOing into crypto related. Semis are just not the flavour for now.
Above is weekly candles. We can see smart money indeed came in at the golden zone. However, the conviction is not really there, unable to reclaim 141.7 convincingly. Semi is looking weak still, and money is FOMOing into crypto related. Semis are just not the flavour for now.
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ShyFish_
commented on
$BABA-W (09988.HK)$ never fail to fall almost daily
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