BABA H&S playing out good so far.

NYSE:BABA   Alibaba Group Holdings Ltd.
BABA H&S playing out well so far.

I will probably be entering more here.

Another catalyst just arrived with Micheal Burry holding over 10% of his portfolio in BABA stocks to hedge the economic situation.

Definitely a good long-term hold here.

Especially if you add onto it the restructuring BABA is going through which experts have predicted will increase stock price from anywhere between 13 - 36% just off that.

I like it.



The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.