$BABA 118! Jack Ma bought the dip with 600 million in real cash; Bank of America calls a $172 target price!
When founders vote with their money, don’t listen to the loud nonsense from the bears.
At BABA’s current price of 118, the one-hour chart has stabilized and bounced off the deep pit created by the placement sell-off. RSI 52.72 is returning to neutral, and the MACD is about to form a golden cross—panic selling is clearing out, and a bottom structure is taking shape.
The news is explosive: Jack Ma has increased his holdings in Alibaba Hong Kong shares for several consecutive days by more than 600 million HKD. Michael Chua has added 160 million HKD over two days. Management collectively has pulled out more than 800 million in real cash. Although the 80 billion placement may dilute the stock by 3.7% in the short term, it was oversubscribed by nearly 3x, and sovereign funds rushed to accumulate more than 40%. Bank of America maintains a Buy rating and a target price of $172, which still leaves 45% upside from the current price.
Personal view: The pit created by the placement is a gold pit. Management’s $800M buy-in + sovereign funds’ aggressive accumulation + Bank of America calling for 172—all three signals resonate together. Alibaba at 118 is discounted merchandise.
Strategy: Go long at 117–118; if there’s a high-volume breakout above 120, you can chase.
Management already dumped $800M into it—are you in or not? Hit follow. Tang Seng will guide you in the chat room as we wait for on-chain anomalies! Drop a comment below! 👇#ZEC突破关键阻力涨75.5%
When founders vote with their money, don’t listen to the loud nonsense from the bears.
At BABA’s current price of 118, the one-hour chart has stabilized and bounced off the deep pit created by the placement sell-off. RSI 52.72 is returning to neutral, and the MACD is about to form a golden cross—panic selling is clearing out, and a bottom structure is taking shape.
The news is explosive: Jack Ma has increased his holdings in Alibaba Hong Kong shares for several consecutive days by more than 600 million HKD. Michael Chua has added 160 million HKD over two days. Management collectively has pulled out more than 800 million in real cash. Although the 80 billion placement may dilute the stock by 3.7% in the short term, it was oversubscribed by nearly 3x, and sovereign funds rushed to accumulate more than 40%. Bank of America maintains a Buy rating and a target price of $172, which still leaves 45% upside from the current price.
Personal view: The pit created by the placement is a gold pit. Management’s $800M buy-in + sovereign funds’ aggressive accumulation + Bank of America calling for 172—all three signals resonate together. Alibaba at 118 is discounted merchandise.
Strategy: Go long at 117–118; if there’s a high-volume breakout above 120, you can chase.
Management already dumped $800M into it—are you in or not? Hit follow. Tang Seng will guide you in the chat room as we wait for on-chain anomalies! Drop a comment below! 👇#ZEC突破关键阻力涨75.5%
