Saturday, December 26, 2020

Short and quiet trading week

before Christmas. Santa Claus has decided not to give any gift to investors :(

I have added ASHR @ US$38.51 and KWEB @ US$76.75. Alibaba has captured my attention when it retreated 38.2% from its peak 1 month+ ago. Now, I going to start to monitor it after it plunged to US$222/HK$228 on 24 Dec 2020. However, I would need a plan if I want to invest in Alibaba. Should it be buy at support levels or DCA?

STI ranged between 2834 and 2847.

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