阿里巴巴集團控股公司
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Alibaba good price with Geopolitics consideration

303
30th Oct 2022

Risky trade but worth a try with good Risk Management.

Chinese ADR shares will be sensitive to Geopolitics problem. However, if there is any chances or positive side from Chinese Government, these shares are ready to fly (bullish).

Current price for dollar averaging if you believed Alibaba is a long term play.

Do note that, there are more room for both HSI and China A50 to drop. So this call will be risky.

Support $55
Resistance: $100/$100 first

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