Jason Robertson5
reacted to
$Matterport (MTTR.US)$ https://www.benzinga.com/analyst-ratings/analyst-color/21/10/23756967/metaverse-here-we-come-why-this-analyst-is-bullish-on-matterport-as-facebook-rebran
@Tupack H Mcsnackssifu..what do you see about this stock, any advice ?
@Tupack H Mcsnackssifu..what do you see about this stock, any advice ?
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Jason Robertson5
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$Alibaba (BABA.US)$On a short-term basis, it is worth mentioning that technicals for the stock look very compelling.
Alibaba stock formed a bottom at the beginning of October, and it has since rallied over 10%. The stock began to trade over its 50-day MA and we saw the magi cross with the 200 days MA take place on the 7th of October. As I write this, the stock is down for the day and hovering just above the support region at $172. Holding this support is key, and could set up the next big rally. With the RSI showing oversold conditions, this could be a great spot to open a trade with a tight stop or simply add more to your position.
Alibaba stock formed a bottom at the beginning of October, and it has since rallied over 10%. The stock began to trade over its 50-day MA and we saw the magi cross with the 200 days MA take place on the 7th of October. As I write this, the stock is down for the day and hovering just above the support region at $172. Holding this support is key, and could set up the next big rally. With the RSI showing oversold conditions, this could be a great spot to open a trade with a tight stop or simply add more to your position.
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Jason Robertson5
reacted to and commented on
$Alibaba (BABA.US)$ I still believe Alibaba has a long way to go in the remainder of 2021 and through 2022. The stock is severely discounted based on what I can only define as speculation regarding the CCP, which has done nothing to hurt BABA but halt the Ant Financial IPO. Profitability will be a real challenge for the company, but this won't matter if BABA can produce enough growth. Ultimately, BABA could adjust its operations to increase profitability if this is what investors want, but the best plan of action for now could be to go for growth. In any case, BABA continues to be a high conviction long-term hold in my book, and this may be the last chance to add the stock at a reasonable price.
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Jason Robertson5
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Jason Robertson5
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$AMC Entertainment (AMC.US)$ BUY NOW LOOOooooooOoooo chance to board rocket ship. Trust this smooth brain ape here 🦧 🦍
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Jason Robertson5
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Jason Robertson5
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$Plug Power (PLUG.US)$ I think is will fly very really soon
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