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FXbrawler
Jun 30, 2021 12:53 PM

BABA is a BUY now Long

Alibaba Group Holding LimitedNYSE

Description

I think this stock is of fantastic value, both from a fundamental and a technical stand point.
Comments
eactVii6
Thanks for sharing your points. What's your thoughts from this point forward on price movement, China mkt delisting etc? I referred to your video '4 Stages of a Financial Bubble', do you think one shld wait and enter when we reached the level of despair. TIA.
FXbrawler
@eactVii6, When I am not leveraged, I have no problem adding to a position in a company that I feel is underpriced. This being said, I don't think we have seen the worst of this bear market so for now my plan for this stock, and many others, is to hold the stocks that I have but wait on the sideline with liquidity in my hands for a reversal.
eactVii6
@FXbrawler, Roger that! Thanks again!
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