7Mon·

$JD (-7.11%)
$JD (-7.11%)
$BABA (-9.21%) my second chinese stock, price target $45-$50 by the end of the year!

10.05

JD.Com ADR Representing 2

Bought x200 at $31.08

$6,216.00

9 Comments

Rendite_Fuxx@Rendite_Fux

7Mon

So a short term trade? Or do you wanna hold longer?

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Riccardo@Wiski03

7Mon

@Rendite_Fux short term, as these stocks have a lot of volatility and at certain price points for example $45 there could be massive selling by investors who are in the red from 2021-22, so I think I will hold it for 3 years but by selling and buying in those points. I believe that after $45 it will return to $35 and then start again, we'll see.

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Rendite_Fuxx@Rendite_Fux

7Mon

@Wiski03 Nice theory, bit it just fits to one Situation.

I like the thought you think there is a Tournaround. I dont try to Trade waves of sell offs and buys because i always loose the bigger increase of a good stock. Mostly, buy and Hold was a better strategy for me.

But I wish you mich success with it

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Riccardo@Wiski03

7Mon

@Rendite_Fux you're right, it could go differently, I accept any scenario I can even not sell and hold since I have 100k in liquidity and it's too much. then next year I should receive $130 in dividends I can also keep

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capital_sherpa_454@capital_sherpa_454

6Mon

@Wiski03 I hope you dindt sell and hold because China ist booming

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Riccardo@Wiski03

5Mon

@Rendite_Fux i was right

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Rendite_Fuxx@Rendite_Fux

5Mon

@Wiski03 good job man! 😁 How would you continue? Hold or sell some profits?