Alibaba (Never Outshine the Master)
View On Alibaba (28 Dec 2020)
Jack Ma made 1 big mistake. It is called " Never Outshine the master"
This Kampong boy couldn't just resist the new found fame in recent years and crossed some people.
Now his investors are paying the price.
Alibaba is still a good company but I kind of doubt it will shine again soon. Stocks may go back up to 260-280 but every swing up now is chance to sell, IMO.
Let's see..
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Jack Ma made 1 big mistake. It is called " Never Outshine the master"
This Kampong boy couldn't just resist the new found fame in recent years and crossed some people.
Now his investors are paying the price.
Alibaba is still a good company but I kind of doubt it will shine again soon. Stocks may go back up to 260-280 but every swing up now is chance to sell, IMO.
Let's see..
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Telegram: t.me/sonictraders
Web: sonicrmastery.com
FB Page: facebook.com/sonicrcourse
FB Group: facebook.com/groups/sonicrsystem
Instagram: instagram.com/sonicrmasterycourse
Web: sonicrmastery.com
FB Page: facebook.com/sonicrcourse
FB Group: facebook.com/groups/sonicrsystem
Instagram: instagram.com/sonicrmasterycourse
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.