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9988

Betting on B.A.T shares !I am betting on the Chinese B (Baidu), A (Alibaba) and T (Tencent) shares again , having seen their share prices fallen more than 50% from its peak! This is a long term investment , with time horizon 5 years and more. Is this the bottom ? I believe so as the Chinese Government is taking this opportunity to shore up its economy and the need to appease to the investing public. But , short term, we may still see some volatility ahead , so do not expect a straight rally up all the time.
HKEX:9888Long
by dchua1969
BIDU or BABAOne year Daily Chart a simple comparison by dividing #BIDU / #BABA The ratio has been kept mostly within 1.20 ~ 1.5+ Daily RSI starts to surpass 60, which potentially starts a bullish move *** in this case, meaning Baidu will potentially starts to outperform Baba for quite sometime) The ratio finally surpass 1.50+ again and has since mark a new High RSI continues to stays along high levels so long RSI did not break below leveled support, Baidu will perform better than Baba
NASDAQ:BIDU
by Qijun168
Should you be concerned about falling price of your stocks?Well, the answer depends ! If we take a look at Alibaba shares, we can see that it has reached its 52 week low at 60.25. But Alibaba is more than an e-commerce store with diversified investment in cloud infrastructure, retail, internet and technology. We all know about the disappearance act of Jack Ma and how he vanished into thin air after the last public speech years ago. Rather than speculate what happened to him, we need to understand he has long relinquish his controlling position in Alibaba and let the executive directors take charge. It's latest better than expected Q3 results have started once again to whet the appetite of many international investors and fund houses to go LONG on this company. So have I. On the other hand, if we have to compare, i would say Amazon comes close in terms of its e-commerce part of the business but look at the chart. It is still within the bearish trend and has some time before we see it break out. There is a saying that buying China stocks is RISKY because you never know what the CCP will do - look at the educational listed companies that plunged more than 90% in share price within the day. Strictly looking at the business part of Alibaba, I believe it has strong financial standing with tons of cash to funds its R&D and also it is usually in the forefront of technology. Not forgetting there lies a possibility of Ant Financials IPO. That could give Alibaba the catalytic boost it needs. More importantly, if we are not peaceful over short term price volatility and constantly watch the price action, it sends nothing but frustration and anxiety to us. Then, it begs the question of WHY are you buying into this company in the first place ? Is it FOMO ? Is it some hearsay? Did you do your own due diligence ? If yes and the business has not deteriorate in any way, shouldn't the price drop be seen as a good chance to accumulate ? I have also shared about my thoughts in diversification. Buying solely into one company does carry more risks than a basket of tech stocks like ISHARES TECH or PNQI ETF. The latter strategy works best for those who have limited capital or recurring capital to top up each month. Do not look at the stock market as some form of lottery ticket wins and you will be much better in years to come. Of course, this represents my view and it is not to be construed as a buy/sell advice. Please DYODD. P/s: I am vested in both companies at time of writing.
HKEX:9988Long
by dchua1969
4
BABA Testing MA200 since Feb21The Last time BABA touch MA200 was in 22 Feb 2021. Since then, BABA has been trending downwards below MA200 line, struggling to even surpass the ichimoku cloud and the downwards channel Some Positive Signs of Reversal -break above parallel channel -Candlestick interact with MA 200 -Candlestick went above ichimoku cloud during june-july 2022 -Higher high(HH) formed -Higher Low(HL2) seems to retrace lesser than HL -Lagging span went above candlesticks(currently within the clouds) -High trading volume at 73.39(speculative support) Currently BABA still in bearish mode -moving under MA200 and underneath ichimoku cloud Some Strategies : Conservative: Wait for candlestick to go above both MA200 & ichimoku and enter during retracement. Stop loss 5-10% below 73. More Margin of Safety & Lesser Future Gain More Aggressive: Enter now(on the lower part of black parallel channel). Set TP at 136 or Expected uptrend of 1:1 of Line B from HL2. Stop loss 5-10% below 73. Lesser Margin of Safety & More Future Gain #ALIBABA #BABA
NYSE:BABA
by Inquiring_H
HSI rebound rally will be slowed by profit takerWhile my view toward HSI remains bullish since the end of May after the index has decisively surged through its major resistance of the 50 days moving average, one need be aware that the index has entered a choppy zone due to the emerging selling pressure from profit taking of short term traders. That said, one should avoid breakout buying as higher price might trigger more profit taking orders causing slow down in upside price movement. No matter how affirmative one is, it is always important to keep your head up for potential developments that are aligned with, or against your point of view. Overconfidence will turn intuition into “into-wishing” . Below are some of the actions I would closely follow in the coming weeks to detect market sentiment change: 1. Market reaction after the US CPI and FOMC rate decision Last Friday the worse than expected US CPI figures pushed down the US equity market. Asian equity index futures (such as HSI, A50, NK225) in the night after-hours trading session also reflected the plummet. However, no matter how risk-off it was on Friday, it is worth noting that all of the 3 major US equity indexes ( SP:SPX , DJ:DJI , NASDAQ:NDX ) actually didn’t even reach the May-20 low. That means the CPI surprise indeed was not so surprising that it provided no new information to the market. What we need to observe is how the market moves when it reopens on Monday. However, major movement might only come after Thursday’s FOMC rate decision. 2. Chinese investors risk appetite Compared to HSI, Shanghai Stock Exchange Composite Index (SSE Composite Index, SSE:000001 ) better reflects Chinese investors sentiment. SSE Composite Index has creeped back up to the 2022-Apr rebound peak level around 3290. At this major resistance level, the market will require positive news or policy release to sustain the bullish sentiment in order to surge through, otherwise the natural profit taking force will drive the market into consolidation or even reversal. With the increasing correlation between Hong Kong and the Chinese stock market, any change in Chinese participants' sentiment can move HSI greatly. 3. Non-Chinese fund FOMO buying of Chinese tech If follow the Southbound fund flow from China to Hong Kong closely, 4 weeks ago Chinese investors actually have started to rebuild their position in major tech firms such as Meituan HKEX:3690 and Kuaishou HKEX:1024 (Note: Alibaba HKEX:9988 is not available for direct purchase by Chinese investors due to secondary listing and weighted voting right issue). Only until the recent 2 weeks after the earnings release of Alibaba and Meituan, non-Chinese investors finally woke up from the Chinese bearish dream and started FOMO buying. An interesting observation is that since last Thursday when HSI briefly touched 22100 level, Chinese investors have turned from net buying into net selling of Chinese tech firms. That means for the past 2 days, Chinese investors were effectively selling the stocks to the non-Chinese. Once the non-Chinese find out they are the only one buying, there might be some retracement until the price at which Chinese players are comfortable to start loading up their position again. 4. Risk of China new round of lockdown Only 10 days after the end of Shanghai lockdown, Shanghai is restarting mandatory mass testing across districts over the weekend. Whether this event is a false alarm, or will evolve into a new wave of city lockdown is a major uncertainty. While most of the upside is already priced in from the current rally, one should actually prepare the sharp reversal to the downside when risk of lockdown emerges.
HSI:HSI
by geoffreyip523
9988 (HKX) (BABA-SW) - Be CarefullGreetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc Strategy - Please care for Money Management - Have a good psychology - Do not be hurry to open position - Evaluate and upgrade your trading plan Analysis 9988 (HKX) (BABA-SW) - Be Carefull
HKEX:9988
by MultiAssetX
2
The Billion dollars sales ever raked in one day !US$38 billion was recorded in 2019 for Singles Day which falls on 11th November every year in China. This year, I expect this record to be broken and hit a much higher figure. Would the much anticipated Ant Financial IPOs be launched before the Singles Day or after ? I don't know but the amount of media attention and how crazy it is over subscribed . This momentum if continues plus the pent up demand from the Covid -19 may drive lots of consumers in China to go on a revenge shopping trip and buy more than usual. Plus, the vendors will be dangling perhaps more carrots this year than last year and new , traditional players that see a big fall in revenues from their retail shops may jump on the bandwagon and take advantage of this special day. It is a win win win for all - vendors , customers and of course Alibaba!!!
HKEX:9988Long
by dchua1969
To sell or not to sell ?Questions that traders and investors constantly asked themselves - Now that I am in the trade and have made some profits, do I sell now and lock in the profits ? Questions that new traders and investors also asked themselves - Now price is so high, when is a good time to catch the low and get in or should I chase it higher ? Today, we see many HK/CHINA stocks in a sea of red and I have shared before the psychological effect of RED colour on the human eyes. It creates a sense of URGENCY and the sometimes false Need to take action. 99.99% of the people when they see massive amount of blood will either frozen and not know what to do, some might faint while the more composed will quickly ask for help. Same thing in trading/investment, people tend to sell fast and first when they see red in their portfolio, thinking it is better to have a bird in hand than worth two in the bush. What if I am wrong ? All my paper profits may go down the drain. And the latter is exacerbated if he/she has a string of losses prior to that so recovering whatever profits become a matter of priority and urgency to them. I have highlighted here a few of my vested stocks and I am not selling for the simple fact that the business models of these companies are still very much intact. Yes, competition will get fiercer as more new players come onboard and also the China regulations might put a dampner on the stock price too. But, I view all these as temporary and any fall in price is a good time to accumulate. As some of these stocks have run quite a fair bit (from 50-90% since March Low), it is totally acceptable to have some correction now. The pink circle depicts a simple analogy of the wave pattern that the price action moves in a chart, ie. wave like rather than a linear line. It is hard for me to tell you to add more shares in an existing company that you have or use it to buy a new company. It is like if you have one red shirt in the wardrobe, would you add one more red shirt albeit a different design OR get a blue shirt for a change ? If you buy a different company such as defence, infrastructure, etc then you are diversifying for stability and spreading your investment eggs across different sectors. Or you could go deeper into the value chain and acquire new shares of companies that operates within this vertical specialty. The latter works especially well if you have domain knowledge of an industry and know very well the competitive landscape, forecasts of the industry, government plans for this sector, etc. Else, if you do not have the luxury of time to pursue such meticulous and granular details, an ETF that represents the top 10-30 companies in that field might be a good option too. Again, I hope this thoughts of mine would benefit some of you in some ways when planning your portfolio. It can be much more fluid than you anticipated and customise it to suit your financial goals. Have fun :)
HKEX:700
by dchua1969