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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (44685)11/24/2021 1:55:02 PM
From: Sun Tzu  Read Replies (1) | Respond to of 97539
 
I will decide to buy BABA when it hits 5yr lows or when 21DEMA and 55DEMA both point upwards. The exact timing of the purchase will depend on my read of the chart at the time. But I would not entertain a purchase until one of those 2 things happen.



To: Jacob Snyder who wrote (44685)11/24/2021 3:08:41 PM
From: rimshot  Respond to of 97539
 
BABA monthly Point & Figure chart -

stockcharts.com[PA][D][F1!3!!!2!20]&r=8066&pnf=y



To: Jacob Snyder who wrote (44685)1/26/2022 11:54:38 AM
From: Jacob Snyder1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97539
 
TCEHY: my second-favorite China internet stock: schrts.co

The August low has held for 5 months now. I have been buying in increments beginning at $59, and will buy more at $55. Consider selling my highest-cost shares in the 60s.

Almost everyone has been screaming China Is Uninvestable for an entire year now, and I think it is in the stocks. Common Prosperity is the new normal, and it too is in the stocks. If you want a company with 20% growth, those US stocks have a PE of 40. Equivalent Chinese companies have a PE of 15. Chinese interest rates are being reduced, while the rest of the world is raising rates.