$BABA-W(09988)$ $BABA-W(09988)$ keep to my word, price dropped to my target price of 110 and below. I added at 106.7 for 300 shares. If it fall to 100 I will add some more but of cos I hope it does not drop further. I think Baba is very cheap at this price and gone into oversold territory. Have you added? if not what price you are waiting for?
$BABA-W(09988)$ $BABA-W(09988)$ BABA continue to have selling pressure and I think I'm right to continue to be patient and not average up yet, price can easily be down another 10% to my 110 price target. This week will be AI stocks related sell off. So let's see if it will reach my target price.
$BABA-W(09988)$ $BABA-W(09988)$ Alibaba looks to break 120 level this week, it is looking very interesting and good price to add if you don't have any position but I will add only if 110 or lower. My average price is about 94, so I don't mind average up again cos it is still seems undervalued. This price weakness may continue for sometime, so I'm not in a rush to add.
$BABA-W(09988)$ $BABA-W(09988)$ Alibaba looks breaking trend line and moving lower and will test 120 in this coming week. With the weakness in the China tech, I think we may have a chance to buy some at 110 range to 120. Waiting patiently for the right opportunity. At what price you will buy in?
$BABA-W(09988)$ $BABA-W(09988)$ Alibaba at technical support level, will it bounce from here? Next support level at 125. I'm hoping it break support and drop below 120, so I can add more. Alibaba is expanding their AI cloud business and may have bright future. Are you holding on to Alibaba like me or you have gave up waiting?
$BABA-W(09988)$ $BABA-W(09988)$ BABA been consolidating around the price level But I think still need to be patient and price may pull back during Trump visit to Xi. Market always sell first during nervous time. So I would consider to add at that time.
$BABA-W(09988)$ $BABA-W(09988)$ $BABA-W(09988)$ Alibaba near 52 week low, lowest point at 101. I'm waiting patiently for 110 to add further. If I'm not vested then I think I would start to add now as it is considered cheap.
$BIDU-SW(09888)$ $BIDU-SW(09888)$ Baidu struggling below 50 day moving average line, Trump will visit China on 18 May so there May be volatility until June. I'm still hoping to catch Baidu at 105. I will not add if it does not come to my level. I continue to wait and see. There is no rush to buy.
$BIDU-SW(09888)$ $BIDU-SW(09888)$ missed the chance to buy at 108 as I was waiting for it to go to 105 and lower but there may still have chance due to trump will visit China in 1 month so price may be very volatile during this quarter. I'm not rushing to buy and on a wait and see approach. What is your strategy?