BABA - Chart Link I like the weekly chart
of BABA. Also once a week I talk with a guy who manages 50B under
Morgan Stanley. His analysists are quite bullish on this longer
term.
the case they make, which I can kind of see, is that this area
has already went through a strong correction and regulations,
whereas the US markets have not. Also they are projecting like a PE
of 10 going forward something like that.
anyway one to keep an eye on over time, I do like the wedge on
the weekly, on the daily it's just chopping around
BABA weekly chart
Posted by matt on 21st of Jul 2021 at 12:39 pm
BABA - Chart Link I like the weekly chart of BABA. Also once a week I talk with a guy who manages 50B under Morgan Stanley. His analysists are quite bullish on this longer term.
the case they make, which I can kind of see, is that this area has already went through a strong correction and regulations, whereas the US markets have not. Also they are projecting like a PE of 10 going forward something like that.
anyway one to keep an eye on over time, I do like the wedge on the weekly, on the daily it's just chopping around
Are we still interested or
Posted by bulf6285 on 26th of Jul 2021 at 10:10 am
Are we still interested or does today's open negate that?
Issue w/ many Chinese issues
Posted by mitchell on 26th of Jul 2021 at 10:24 am
Issue w/ many Chinese issues is regulation and no ownership overseas. Additional risks beyond the company itself.
https://www.zerohedge.com/markets/everyone-crosshairs-china-sees-panic-selling-amid-unprecedented-crackdown
EEM gapped below 200MA
Posted by kevindeng0727 on 26th of Jul 2021 at 12:41 pm
EEM gapped below 200MA