You are late by a month. By the time you enter, wise alert investors will be taking profit. And if you do it a few times, you have to top up your trading account. By the time you read the news from the internet, you would have missed the boat by many weeks/months/years. Be alert. And Get a better stock screener.
Max with your crystal ball and 2020 hindsight can you give us a handful of stocks ready to rally or plummet? Thank you
My crystal ball is highly inaccurate. And my prediction is lousy. A month ago, the big boys were already buying BABA (see the volume traded). And BABA has been going up since then. Also the Chinese authorities have been planning to make major changes to improve the economy. Even the blind can see that Hangseng has been going up for the past 1 month. So be alert and enter the trade early.
I heard baba being talked about on fast money months ago well before the run. They were surprised how low it got. Now it can't stop going up ...they even spoke about it on Wednesday saying keep buying the stock. I bought BABX 2 weeks ago, unfortunately it was a small investment size and not a large one like I usually do. I'm up 100% but on a small position. So I kinda caught the rally but thinking of selling soon. This stock is just way too euphoric at the moment. A short term pullback of at least 10% is going to happen.