Shares & Derivatives
Alibaba – To buy or sell?
By The Secret Passage To Financial Freedom  •  January 7, 2021
Alibaba. You read the news regarding Ants IPO, Jack Ma etc. Negative News. Some get caught at the top. Some went in to buy Alibaba when the bad news hit Alibaba. From the chart, there is a sell signal since November 2020. Some might ask me, what is my view. For me, I will neither buy nor sell Alibaba. I will not short Alibaba even there is a sell signal. As Alibaba is a GIANT company, the fundamental is good. So nobody will Short a GIANT company. I will not buy Alibaba too. As news about delisting Alibaba in NYSE and the Chinese government want to step in to investigate Jack Ma, Ant IPO etc. Now is like both 黑白两道 want to bring down Alibaba. You might think that WOW.. you say like never say lei... The reason for my view is SIMPLE....
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By The Secret Passage To Financial Freedom
Lawrence Law is a retail investor. He has seen many people losing 40-50% of their investment portfolio during 2008 Sub-Prime Crisis as they do not know what to do. Since then, he created a Simple & Systematic method manage his own investment portfolio and to have a positive growth regardless of bull (uptrend) or bear (downtrend) markets. He is an active investor/trader in US stock market using a combination of Technical Analysis and Fundamental Analysis. If you have benefited from my blog, Please donate 10% of your profits to charity ...
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