Alibaba Group Holdings Ltd.
Pembelian
Diupdate

BABA/BIDU, pair trading opportunity!

280
Pair trading strategy: Both are Chinese Tech companies with positive correlation
Ratio has dropped to late 2018 level.

Long BABA
Short BIDU

I'm expecting ratio to go back to 1.5 or even higher!
Catatan
Yesterday, the ratio increased by 5.6% with both stocks fell.
cuplikan
Catatan
Gap up with another 3% jump...if the yellow zone can be penetrated, more room is ahead
cuplikan
Catatan
soared by 13% plus yesterday ..
cuplikan
Catatan
Another 9%+ today as of now. It's coming closer to my target of 1.5
cuplikan
Catatan
Bidu tumbled again after the massive sell from a hedge fund which has been forced to liquidate its positions.
cuplikan
Trading ditutup secara manual
As the massive sell seems to be over, we can close the position

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