Powerful out performance in China tech unlikely to be undone by new Trump executive order
Alibaba making an interesting W-formation. Waiting for a break above the double top, or a retracement to the 20sma to go long. OBV and RSI are supportive of the movement, with OBV trending higher than previous peaks, and RSI above 67. Keeping on a watchlist.
Today was Singles Day for cyber-shoppers in Asia. The annual event by Chinese e-commerce giant Alibaba (BABA) set another record, up 27 percent from 2018. Earnings have beaten estimates for the last three quarters. BABA's also a key stock to watch if trade relations between the U.S. and China continue to show signs of improvement. Still, it's been trapped in a...
LNVGY (Lenovo Group LTD) --> place BUY ORDERS in the Green Box!