$Micron Technology(MU)$ btw everyone you are welcome ;) I sold my stock pre-market on a small 0.4% profit but decided not to do my usual buy back in on the dip, around 101. So, as usual that enabled the stock to soar. I certainly will not be chasing so this may be the time the stock breaks out !
Hong Kong Stocks Plunge, CITIC Drops Over 8%, XPeng Rises 4%
On October 9, 2024, the Hong Kong stock market experienced a significant decline. The Hang Seng Index (HSI) fell by 1.38%, the Hang Seng China Enterprises Index (HSCEI) dropped by 1.58%, the Hang Seng
$Alibaba(BABA)$ Four positive catalysts coming during next 3-6 months; so stock has bottomed! The catalysts are:(1) Return of cloud business growth to double digits (per management) (2) Cloud business generating huge Ebitda growth as seen from this quarter, and continuing going forward as lower quality business has been dumped.(3) Honk Kong stock listing coming in September/October time frame.(4) Advertising revenues will begin to show up towards end of the year and likely ramp up afterwards. This can easily become a growth driver of cashflow.