$BABA-W(09988)$ $Alibaba(BABA)$ Alibaba V-shape recovery. More good news coming out each week. Latest is moonshot Ai where Alibaba owns more than 35% stake which will value around USD 10B. Apple using Qwen in their Apple Intelligence. T-head to IPO. And the best part Alibaba is still under value even with this V-shape recovery. Can still buy now as it is still very cheap. Can continue to buy even 130-140.
$XAU/USD(XAUUSD.FOREX)$ $SPDR Gold ETF(GLD)$ $Lion SG Phy Gold S$(GLS.SI)$ Gold seems to be at a very strong support level at $4000. So far it have fall below but always close above. It maybe the 4000 level in the chart, the price is getting to a more and more narrow wedge it will either have a big breakout or a big breakdown. I'm in the camp that the price have already came down more than 25% we should see it move higher from 4000. I'm positive about gold moving forward given money printing is still aggressive. Gold should recover to 4500 by Q4.&nbs
$BABA-W(09988)$ $BABA-W(09988)$ Alibaba looks like on a V shape recovery, it dropped sharply to 88 and now back at 110. I'm lucky that I buy some at 89. I think 88 is the bottom already and from now it is upwards towards 200 until year end. I would say Baba is still cheap considering it will double its price soon again. Money rotation will happen due to low valuation.
$BIDU-SW(09888)$ $BIDU-SW(09888)$ Baidu overly undervalued. P/B of 0.97 and forward PE of below 15. Considering it is a profitable busniness and going to IPO it AI chip business of Kunlun Ai, I think the negative sentiments of Baidu is over and the rebound have started. While I did not add more during this down turn, I did hold on and did not give up on Baidu as I think there are great opportunities and highly undervalued. Have you sold your Baidu or you are holding like me?
$BABA-W(09988)$ $BABA-W(09988)$ Alibaba continue to drop further, I took the chance to add at HK$89 for 300 shares. I continue to look forward for it to drop. If drop I will buy again. Next level to add at 80. Very very cheap. Downside is getting more and more limited. Will you buy or you have sold out?
$UnitedHealth(UNH)$ $UnitedHealth(UNH)$ UNH is on a bull run, very defensive. A good rotation stock against AI. It is good time to own UNH now. Looking forward for it to march towards its all time high. It may take a long time but it may be slow and steady. Will you buy/hold/sell UNH?
$BABA-W(09988)$ $BABA-W(09988)$ added 200 shares of Alibaba 99.45. So cheap, can't help but keep adding. I will add further if it continue to drop. Next level I want to add is 94 - 95. Are you selling or buying?
$BABA-W(09988)$ $BABA-W(09988)$ Alibaba is oversold, It continue to break all the support level, I think next level will be $100, I will at around this price again this week. Honestly I'm very happy it keep falling, else how am I going to have chance to buy such a good company at such low valuations. Once earning release people are going to start FOMO and buy Alibaba.
$BABA-W(09988)$ $BABA-W(09988)$ I'm no longer bearish with Alibaba as the price hit as low as 106 last week. I manage to buy at 106.7 as I think it is oversold. Now Alibaba is consider cheap again. I was considering to buy into tencent but I think Alibaba will bring more value over the longer term. I expect Alibaba price to recover and will hit 200 by year end.
$BABA-W(09988)$ $BABA-W(09988)$ 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?