Alibaba Stock In Beast Mode

Alibaba has broken out to new highs and is, what we think, one of the most interesting stocks in the market.  We’re long calls.   Also note the nice graphics from the recent earnings release, which shows active buyers total the equivalent to the almost entire population of the United States.   Stay tuned.

Nov6_BABA_3

Nov6_BABA_5Nov6_BABA_4Nov6_BABA_2Nov6_BABA

(click here if charts are not observable)

This entry was posted in China, Equities and tagged . Bookmark the permalink.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.