BABA H&S playing out good so far. BABA H&S playing out well so far.
I will probably be entering more here.
Another catalyst just arrived with Micheal Burry holding over 10% of his portfolio in BABA stocks to hedge the economic situation.
Definitely a good long-term hold here.
Especially if you add onto it the restructuring BABA is going through which experts have predicted will increase stock price from anywhere between 13 - 36% just off that.
I like it.
Thoughts?