Congrats
$Alibaba(BABA.US$ congrats guys who followed my buy signal and caught this bottom. We had a good 10% day, way higher than I expected at 6%. And we also closed above 5ema which is the 1st resistance. The next will be 130 and following will be 138 resistance. All this will be tested and if we break, then we will look at the next level. Ultimately there is no knowing whether this is the real reversal yet. But just play it as if its not and be prepared to take profit if you have to.
Do watch my video again to know where the resistance levels are at to know your exit points.
As always, trade safe & invest wise!
Link to video is below and if you do not want to miss out such moves again, do consider subscribing to my channel so you stay updated of future videos.
https://youtu.be/P4rT3weLoL0
https://youtu.be/P4rT3weLoL0
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zambuk : .
枢密使 : I haven't seen the purchase you mentioned at the bottom. Please send me a reminder when to buy, otherwise I'm afraid there will be a backlash
Investing 101OP 枢密使: Watch My video. Posted on Sunday. Made on Saturday after Friday's close. Mentioned about the rebound coming. Even on Friday I did mention will be buying baba calls in later trading hours after it touch and rebounded off 108. All can be back tracked. No need for hindsight.
Investing 101OP 枢密使: I actually did a column post at 2pm yesterday as well that is on moomoo news under US stocks titled: Chinese stocks bottom yet?
枢密使 Investing 101OP: I thought the warning was given when the US stock market opened on Friday. It seems that Zhu Geliang's central bank downgraded the weekend, and other bloggers also talked about it. Who knows that stocks will open higher during Monday? Can the weekend prompt be bought at Friday's price? Isn't it after the fact that Zhu Geliang is what
Investing 101OP 枢密使: Actually based on graph alone you can tell that there were buyers stepping in on Friday. I did comment on one of the guy post on Friday I'll be buying baba calls on Friday already preparing for Monday or Tuesday rebound. News was not out yet. So I didn't see or have any insider news of any PBOC lowering rates prior to my opening position. But ultimately you can say base on hindsight. Or you can say I lucky. It is up to your call and opinion. Most importantly, those who opened on Friday are winners today. That's what matters.
枢密使 Investing 101OP: Anyone can say “On Friday, we'll see the buying points according to the chart” after the increase on Monday; just to see if you have a real level. Ah, it's scattered
Investing 101OP 枢密使: Anyway if you watched my video on Sunday and bought in premarket it was 0.6% only. It was still a 10% upward move in a day isn't it? But then people will say its base on hindsight because news already out over weekends.
but how many who said news out already on weekend bought on Monday pre market before the jump?
Investing 101OP 枢密使: I mean you have your doubts. And it's fine. Ultimately what matters is we all earn money.
this is just the Internet and you being skeptical is just being cautious and I totally get it. So no worries on that but I do hope you also got in on this to ride the wave up together!
枢密使 Investing 101OP: Don't brag about buying information without a public reminder on Friday; if it's being questioned, boldly admit no; it's not shameful; why did they start changing the subject again, ah...
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