$BABA : Game over... back to the rescue.

Well I shorted baba today 10/24/22 and got paid. It seems like most Chinese stonks are up for shorting these days..i.e. bidu. I traded bidu many moons ago…i got 3x baggers from it.
 
Buying Tencent,,consistent southbound inflows from China and will likely the least sensitive to audit issues without any NYSE listing
 
Amazing BABA, KWEB and the FXI getting slaughtered again with this senseless buying on the NASDAQ. You have to wonder if these dogs with fleas (in Gekkoese) will ever go up again?
 
Hang Seng and HSTECH got destroyed once again overnight during the regular session in HK apparently for a new wave of Covid somewhere in China and related fears due to the strict covid policy implemented by the Government . This stuff can drop 5% per day for weeks and vice versa. I think is a great vehicle for those that like long trend to ride. Right now if You have some sort of knife catching disease is probably worth a look since Hang Seng is at ‘97 levels and Hstech will be at 0 in just a couple of weeks if selling pressure doesn’t diminish in intensity in the coming weeks. Having said that, stuff that blow out like this don’t do (usually) V reversal.
 
It has reached the 60 support level.
Can the support hold?

There will be many investors/members buying BABA because it has touched the support level.
 
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