The Long Investor
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$BABA TOP 20 & TOP 20
🕑 Added 2025-02-16 19:37:06 +0000 UTCWe have had 6 weeks to remember here, from $80 to $126 and finishing the week above the $121 range top line was the icing on the cake.
My third largest position jumping +50% over a short period of time, coupled with the astronomical returns of my largest position from $HIMS has made this week my most successful week ever....not to mention the majority of our other positions posting strong returns this week too and our recent buys.
But we must keep going and victory laps should be short lived, more races will be ahead of us.
We have had no substantial pull back here since $80 but the good news is that we have bounced so strong above the 200 WMA at $104, that we could get a 3 wave pull back next and it could retest the 200 WMA from above and still hold around the 0.5 Fib for a standard pull back.
A retest of the 200 WMA from above and holding is a very very very clear buy signal and the earnings report this week could offer this opportunity
So let's be open to the pull back, let's expect the pull back and most importantly, let's take advantage of the pull back
Every comment I see this week should be people happy that we get a pull back
Because comments will appear on X when the pull back does come and say 'never invest in China', 'it always gives back'
We are above the masses now.
Comments
Steve Bloom
I can hardly wait. I’ve been a fan of Alibaba since their inception!!
Gopal Vaghela
wait for pullback
Joey Bone
Id recommend reading the post
raja sekhar
Hi I am new here, Can I add this now to my portfolio? Or should I wait for pull back ?
Adam P
Really enjoying the vibe of this community - up a good chunk since I joined a couple weeks ago - ready for the ride ahead and the opportunities that fall for us!
Zachary Alpirn
Great analysis. I also had my best week ever most in part to HIMS, HOOD, and BABA! I would love a pullback as I don’t have enough of this name
