I added $BABA and up +5% since that add and it is one of only a few stocks green today.
I have a strategy and I am strict with it.
People see price actions on the day, I see the big picture.
Fundamentally Undervalued
Technically Undervalued and back to its 200 WMA
Growing margins
Protected by a country that wants to stimulate its economy (which the US can not do right now during this trade war)
Revenue is not overly exposed to the US and sells mainly to Asia.
The chart has guided us over the last 2 years
Since $BABA started its +80% run since Feb, we have waited patiently to add again, we were presented with a -40% sale price, I don't need convincing to buy what the chart is clearly saying to do.
Ronnie
2025-04-10 13:34:41 +0000 UTC