as observed from the technical analysis of Alibaba, KWEB and 3067. Alibaba's chart has a potential inverse head-shoulder formation; currently at the right shoulder. As mentioned in this post http://ainvestor.blogspot.com/2021/10/is-this-beginning-of-convergence.html on 9 Oct 2021 that there are chances to buy in during a pullback which appear to be this right shoulder. A break above recent high at about US$182 should confirm a reversal. So what is needed for its price to surge above US$182? Coming soon is its result announcement on 18 Nov 2021. I am making assumption that we are currently at "Hope" of stage 4 market cycle mentioned here https://www.dsij.in/Insight/Mindshare/Article-Detail/Market-cycles-and-emotions.
Added AIMS @ $1.43.
Started new position on ComfortDelgro @ $1.51
Started new position on ComfortDelgro @ $1.51
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