Analysis:
(Hong Kong Session - 24/12/2020)
Most margin positions of BABA (US market) / 9988. HK ( HK market) are hitting their strike price in 24/12/2020. 230-234.8, the highest bull O/S price level bull contracts (28M USD equivalent derivatives) reached strike price and has been called (Reference: jpmhkwarrants.com/en_hk/cbbc...)
Technically that triggers a forced selling on that day.
The imbalance supply creates a good timing for long call.
Meanwhile, most e-commerce companies such as Amazon and JD are still pricing at a relative high position
(Fact table:
AMZN: market cap: 1.598T, P/E: 93,
JD: Market Cap: 130.5B, P/E: 581.36,
BABA: Market Cap: 695.5, P/E: 27.5)
(US Session - 24/12/2020)
We see a huge capital flow support on BABA @218.
Strategy:
Entry@$218. Stop loss@210$ and Take profit 250$.
(Hong Kong Session - 24/12/2020)
Most margin positions of BABA (US market) / 9988. HK ( HK market) are hitting their strike price in 24/12/2020. 230-234.8, the highest bull O/S price level bull contracts (28M USD equivalent derivatives) reached strike price and has been called (Reference: jpmhkwarrants.com/en_hk/cbbc...)
Technically that triggers a forced selling on that day.
The imbalance supply creates a good timing for long call.
Meanwhile, most e-commerce companies such as Amazon and JD are still pricing at a relative high position
(Fact table:
AMZN: market cap: 1.598T, P/E: 93,
JD: Market Cap: 130.5B, P/E: 581.36,
BABA: Market Cap: 695.5, P/E: 27.5)
(US Session - 24/12/2020)
We see a huge capital flow support on BABA @218.
Strategy:
Entry@$218. Stop loss@210$ and Take profit 250$.
Not
Reference: Capital flow information: media.discordapp.net/attachments/767442862865776666/791722477541785650/unknown.png?width=365&;height=481
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.