Alibaba Group Holdings Ltd.

Long

Updated

Why accumulate Alibaba shares ?

Read latest article here

Amazon may be well known and widely used in many parts of the world but not in China.

I believe Alibaba investment into Cloud is to push Amazon out of the cloud market in China and also gives its next closest competitor, Tencent a run of their money.

There are still ample room upstairs for those who want to long this counter.

Note

nice gap up, it moves about 3% last night. congrats to those who followed.

Note

cnbc.com/2020/05/19/china-techs-alibaba-xiaomi-to-benefit-as-hong-kong-changes-hang-seng-rules.html

Note

scmp.com/tech/policy/article/3085362/china-has-new-us14-trillion-plan-seize-worlds-tech-crown-us?utm_medium=email&utm_source=mailchimp&utm_campaign=enlz-tech_wrap&utm_content=20200521&MCUID=732c411089&MCCampaignID=2a9b136991&MCAccountID=3775521f5f542047246d9c827&tc=1

Note

watch tonight closing price if it will breaks down from the bullish trend line or reverse.

Note

shine.cn/news/nation/2011189998/

Note

bloomberg.com/news/articles/2021-01-14/u-s-is-said-to-decide-against-investing-ban-on-alibaba-tencent?srnd=premium-asia

Note

added more on HK side

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.