The share prices in Chinese Internet sector surged by a total of 15% YTD, Goldman Sachs released a research report saying. With $TENCENT(00700.HK)$ and $BABA-SW(09988.HK)$ set to release results tonight, Goldman Sachs focused on a number of key figures from the results of the two companies mentioned above.
Goldman Sachs believed that the market's focus ...

$Alibaba(BABA.US)$ Congrats for those who bot this dirt cheap stock.

$Alibaba(BABA.US)$ keeping for long term.

$Meta Platforms(META.US)$ Is everyone ready? It's about to take off 🛫

$Meta Platforms(META.US)$ Soon to 500

$Alibaba(BABA.US)$ It has returned to the 200-day EMA. The market is bullish in the future. If it can break through the recent high of 82.2 before next Tuesday's earnings report, we can expect to see 85 before the earnings report. If the financial report is favorable, the 120-week average price may rise to 88 and the 150-week average price of 101.9.

$Starbucks(SBUX.US)$ everyday 5 feet under the ground...

$Alibaba(BABA.US)$ Alibaba's upward move broke through the 200-day EMA resistance level of 79 and stood at the 200-day EMA. The upward trend has already begun. If it breaks through the 50-week EMA of 84.6 or the 100-week EMA of 88.8 before the quarterly report, it may return to 100 after the quarterly report. Based on Fibonacci's falling space of 247 US dollars from the highest point of 315 to the most recent low of 68, if the rebound is calculated using the 23.6% split level, this wave of rebound should reach around 126 (58+68). Conservative estimate: 200-week EMA is 148.7. The difference between the 200-week EMA and the 100-week EMA is 59.9. If it can break through the 100-week EMA, if it rebounds one-half (88+29.9) from week 100 to week 200, it is likely to rebound to around 118.