Today Gapped up and is trading at 112.40. Looks like the Bull is strong and may see her trending higher towards 118 to 120 level.
Alibaba Group (9988.HK) - She is on a nice uptrend direction likely to stay above 100 and continue to rise higher towards 118 to 120 level!
Pls dyodd.
The results will be out on 12 February Total Revenue and EPS likely to be higher than last year!
6th January 2025:
Alibaba Group (9988.HK) - She had managed to clear the resistance at 91.40 and closed well at 97.55 looks rather bullish!
She may rise up to reclaim 100 and rises higher towards 118.70 level and above! Pls dyodd.
25th January 2025:
A nice rebound indeed! Huat ah! Last night closed well, staying above 200 days Moving Average, pathing the way for further upwards direction.
Alibaba HK likely follow and rise higher to test 100 than 118.
Pls dyodd.
25th January 2025:
Alibaba (9988.HK) - Chart wise, bullish mode! She is rising up to retest 86.10 than 91.40 and above!
Last night , US side Alibaba closed 3.53 percent higher , up 3.04 at 89.14! Come Monday, alibaba HK likely follow and rises higher!
I think they may increase the dividend payout with better Gross Revenue, Net profit and healthy cash flows!
Not a call to buy or sell!
Pls dyodd.
https://sporeshare.blogspot.com/2025/02/alibaba-group-9988hk-she-is-on-nice.html
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