0.00Open0.00Pre Close0 Volume0 Open Interest139.00Strike Price0.00Turnover0.00%IV-62.42%PremiumNov 22, 2024Expiry Date53.42Intrinsic Value100Multiplier-2DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma--Leverage Ratio--Theta--Rho--Eff Leverage--Vega
Alibaba Stock Discussion
In a surprising announcement, Trump has announced an increase in Tariffs on China, Mexico and Canada.
He will be looking to sign this into effect on his first day in office.
$HSI Futures(NOV4) (HSImain.HK)$ ticked higher and instead added +0.63% in defiance.
$Hang Seng TECH Index (800700.HK)$ also ticked higher by 0.50%.
Some stocks to consider that exports heavily to US would be:
1. BABA US $Alibaba (BABA.US)$
2. BYD (1211 HK...
$Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$
$BABA is a buy for me between $82-83.
I think a Cup with Handle pattern is occurring in the stock chart.
Once the correction is over, $BABA could head to $165 !
Do your own due diligence. I am not a financial advisor.
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