ALIBABA DISAPPOINTS, TAKE MORE PARTIAL PROFITS $BABA
This post was just published on ZYX Buy Change Alert. BABA is long from $68 and 150% is being held. Profits have been taken as high as $110.63. Consider taking profits on another 20% in the zone of $90.20 to $95.84. Consider continuing to hold the remaining 130%. Also temporarily suspending buy zone on BABA. Earnings from BABA are disappointing. Revenues fall short. Mobile monetization is behind expectations. Reports Q3 revenue $4.22B, consensus $4.45B. Reports China retail marketplaces had 334M annual active buyers in the twelve months ended December 31, 2014, compared to 307M in the twelve months ended September 30, 2014