Hello Traders, welcome to today's analysis of Alibaba.
--------
Explanation of my video analysis:
Starting in 2016 Alibaba created a pretty obvious higher timeframe bullish reversal which was followed by a crazy bullrun on Alibaba stock. In 2021 Alibaba broke below a major bullish trendline and dropped more than -70%. If we see another bullish reversal at the...
Hi everyone,
China this am came out with a better tone toward their tech industry and markets.
Assuming that geo political events do not get worse between the USA vs China.
I am making a Long term asset accumulation bet on Alibaba
1) I discuss straight stock asset ownership
vs
2) Getting an income by selling the deep out of the money 80 strike September...
Major positive announcements from the CCP today say Chinese stocks soar and the big picture outlook improve dramatically.
Covid stimulus for those companies affected by the lockdowns, cheaper share trading fees, but the big one is the end of the clampdown on the Chinese Tech sector.
Alibaba and Tencent the two biggest tech companies soared and if the government...
