SEHK 9988 ALIBABA - Long term winner in your stock portfolio!
Merry Christmas everyone! With holidays just right around the corner, trading activity has slowed down with most people taking leave - so has mine too. I have taken most of my profits and achieved a total return of 48% this year. Will be taking the next two weeks off to rest and reflect on my trades this year but not without leaving everyone with a long term play that is a good entry right now.
BABA is a long term play with recent price action holding strong at the $246 - $248 level. Technical indicators are looking to turn bullish from oversold conditions which means its high time to get in before the stock takes off again. I personally have 300 shares bought as these levels for a long term hold into the end of next year.
BABA is a long term play with recent price action holding strong at the $246 - $248 level. Technical indicators are looking to turn bullish from oversold conditions which means its high time to get in before the stock takes off again. I personally have 300 shares bought as these levels for a long term hold into the end of next year.
Catatan
Bought even more when news of the monopoly probe broke out. 9988 is a steal for your long term portfolio!!!
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.