We got green futures baby. 142+ manana. Let's hope the Nasdaq carnage that's been holding us back is ending. Coiled spring here.
if BABA can hold 135 i am not sure if we will see any action below 130 without a market wide pull back.
Price predictions M $148 T $152 W $155 T$159 F $163 This is the best stock to own. The others had their run. IMO, many foreign investors are going to plow into BABA and explode the stock like Tesla and Amazon.
BABA will see $149 by Friday.. The Tech sell off, imo, has ended with the FIB retracement. Lots of new quarter buyers on Wed-Fri.
Love it when this is in idle mode. After last ER, idled around 124. THEN, suddenly, boom. Up to 148 in two days. You've got to hold.
Alibaba, 6th largest economy in the world by 2030. Unbelievable potential and Chinese Middle Class is expanding. $1000 by 2020.
Since going partially into the ER gap, made higher lows and volume of sellers looked to be decreasing. Also the ETF KWEB is strong, there's investment in Chinese internet stocks going on, hoping to get that big market.
Unbelievable we were under $90 ~6 months ago. No one should be upset w/ the results so far, unless you're short or a PITA basher lol
Looking for trend continuation, and a break to the upside. The closer we get to earnings the more likely we're going to see it happen!
If you're losing on this, sell now would be a HUGE mistake. This certainly will bounce back. All we need is a ER date confirmation.
The after ER movement will not be dictated by the beat. I think their success is a given, the catalyst is going to be the forecast.
"Anyone who'll l short BABA today will be met with fire, fury the likes of which this world has never seen before." - D. Trump
