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What actually happens to me if BABA $Alibaba (BABA.US)$ gets delisted.
Will my broker just sell them at last known price before delisting?
Will my broker just sell them at last known price before delisting?
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$Meta Platforms (FB.US)$ Meta is looking interesting. We rebounded strongly off the 298 support. This could be a potential double bottom signal. We have to see it break back above 323 which is the long term upward channel. It was still rejected at the trendline which was 320 yesterday but closed above the immediate resistance of 5ema.
If it does close above 323, this might signal the double bottom and meta will push up from here. However if we continue going down tonight, then it just means that it got rejected at my support turned resistance trendline and it is still not a buy signal.
We will have to wait for confirmation before entering.
As always, trade safe & invest wise!
Do subscribe to my new YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
If it does close above 323, this might signal the double bottom and meta will push up from here. However if we continue going down tonight, then it just means that it got rejected at my support turned resistance trendline and it is still not a buy signal.
We will have to wait for confirmation before entering.
As always, trade safe & invest wise!
Do subscribe to my new YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
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$Amazon (AMZN.US)$ $Alibaba (BABA.US)$ Because many Internet companies are not profitable for a long period of time. Amazon, lost money for 20 years, turned a profit in 2015 and that didn't stop its share price from rising. So what ideas should we use to buy into the Internet? How to spot the potential Internet giants of the future?
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Key themes affecting the internet sector this year include the economy reopening, online ad acceleration and e-commerce growth, according to JPMorgan. With these trends in mind, JPMorgan named six stocks as the best ideas in 2021 heading into next year.
$Amazon (AMZN.US)$ $Meta Platforms (FB.US)$ $Netflix (NFLX.US)$ $Twitter (Delisted) (TWTR.US)$ $Uber Technologies (UBER.US)$ $Peloton Interactive (PTON.US)$
$Amazon (AMZN.US)$ $Meta Platforms (FB.US)$ $Netflix (NFLX.US)$ $Twitter (Delisted) (TWTR.US)$ $Uber Technologies (UBER.US)$ $Peloton Interactive (PTON.US)$
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