SamSuka
The Long Investor
The Long Investor

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$BABA TOP 20

Earnings are due this Thursday before the market opens.

What I want to see is more of the same from the August report which solidifies their growth trajectory and I would like to see more growth in their outside of the China sales, which was a key metric from their last earnings.

No surprises needed here now, any misses and this is at risk of breaking down, a risk that comes with all companies before their earnings.

$BABA is also one of my core stocks, so this means I will be holding it regardless of what happens and will add if we enter the buyzone below $71.

I do not expect Munger to sell his position here and I certainly won't be either.

The plan remains the same here, we want to get above the top blue line and outside of the wedge, so getting above $100 has this comfortably in the bull case.

$BABA TOP 20

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