March 6, 2015
The Market
Hard as you might try, exerting all your willpower, money is on the way out. Every time when you buy or sell a share the market is always against you. …
But, you have not failed if you have not given up.
Treat trading as a business, although we know many of you have a full time job. Put in consistent efforts, and do not keep it as hobby. Take it step by step. The sky is a limit. Remember there is no right or wrong. Up or down (bull or bear market) you can make money. Just make sure you know what you are doing.
Have You Make Money?
The truth or the underlying objective of buying or selling a stock is you want to bet on the money flow direction of the market. In other words, when the money flow in a stock and push the stock price up, you want to buy and you want to sell when the money leave that stock.
Do you have control over the inflow or outflow of money? No, you don’t.
Money Inflow and Money Outflow
In a early posting we said stock market is competing with others financial market such as bonds, currency market. When commodity such as oil price comes down, when the investors take their money out of commodity market they will park their money elsewhere. The money will flow into stocks and currency market. This may explain a bit on why Index and US currency keeps climbing lately; there is a demand for stocks and US dollars.
Moses’ US Stock Analysis, Alibaba Group Holding
Alibaba Group Holding Limited, a Chinese e-commerce company that listed in US NASDAQ. Alibaba provides online business services via web portals.
Have you made money? How is Alibaba stock performed so far? 20, 50 and 100 MAs are wide open. Price action is below 20 MA. PA resisted by 20 MA. Price has crossed below 20 MA since end November. 20 MA has been acted as resistance. The stock price is travelling within equal distance channel. PA retest 20 MA.
Last analysis, we did warn be careful, if intend to catch the falling knife. The price has break lower. Can this be a trap?
See chart for details, chart worth a thousand words.
Alibaba Group Holding, March 6, 2015 Daily
Look back on the previous analysis. We said, the bearish PA was that due to profit taking to prepare for new year. See the previous posting for details.
Alibaba Group Stock Analysis and River, March 6, 2015
Thanks for visiting this extra ordinary site, AmiBrokerAcademy.com.
Watch this space here, some great stock will be analyse here. See you more.
Moses
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