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BertNErnie
Jan 5, 2022 6:24 PM

Not looking good for Baba Short

Alibaba Group Holding LimitedNYSE

Description

See you down another 50% from here......... Good luck! I know lots of people are bag holding hoping but hope does nothing. Maybe 2023. 2024 you can get out break even.
Comments
Robbi12
Is that cookie monster your friend? Elmo?
BertNErnie
@Robbi12, All sesame street folks are friends. Even Fred Rodgers! Big bird. We are all just one big love fest!
wolfffhunt
fool
chinmayamahapatra
This is the same guy with absurd logic always ( cookiemonster/flatfaceboy and many more). Things he is a market guru or genius. Please do not respond to him. No stock go up or down in a straight line. Stock always move in wave pattern
BertNErnie
@chinmayamahapatra cookie man is amazing!
matt42208
Wonder if Warren Buffet would benefit from your tech analysis, considering he has just doubled down on his position? But, what does he know?
BertNErnie
@matt42208 lol. Who cares what he does.
hungry_hippo
Fortunately for you, HSI is almost overbought so it should reverse this week.

But absolutely hilarious that you posted this when HSI was oversold. If you're trading Chinese ADRs you better be looking at CHinese indices. I would think that'd be the most obvious thing in the world. BABA is also listed in Hong Kong.
hungry_hippo
LOL, nice pennant. This is hilarious since you mocked me for my SPY pennant. At least SPY hit my point on the target.

Here's what you did wrong with this trade, you weren't looking at HSI futures. I prefer PDD over BABA, obviously didn't short it this week. You managed to short the one thing you shouldn;t have shorted this week.

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