into my stock portfolio.
Yes, I have included Alibaba into my oversea portfolio after doing some research. I understand its intrinsic value is above US$300+ from several sources. As it is still unclear how BABA antitrust probe would end, its share price is expected to be very volatile. My first purchase is @ US$217.60. My plan would be to add more shares at different support levels based on technical analysis.
Happy New Year 2021 and happy investing :)
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