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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Jacob Snyder who wrote (36132)9/16/2021 2:47:43 PM
From: Jacob Snyder  Read Replies (2) of 97558
 
BABA: every day, more bad news. BABA is at the August lows, 50% below the 2020 highs, touching the bottom of the BB range. schrts.co

Bot at $156, a small starting position. I am prepared to $-cost-average down to $100 (that’s a plan, not a prediction). If the stock continues on down, I will sell my higher-cost shares when BABA is at the 50dma. Counter-trend rallies have gotten there repeatedly.

Also started buying TCEHY at $58, same reasons, same plan.
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