fredpui

$baba sideway ..more selling to come?

NYSE:BABA   Alibaba Group Holdings Ltd.
As highlighted in the last post, baba will likely go sideways for a while, and indeed it has been for the 2 weeks.

The trend is uncertain at the moment but the sentiments in China isn't very healthy at the moment so i am anticipate more selling to come.

$Tencent and $Baidu are all on the same boat.

Let's keep an eye on this one.

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