BIG Short on BABA( Alibaba) & chinese techs at historic peaks ( against Ray Dalio & Munger long bets )

Calling top to BABA historic peak 

On 6 Nov 2020, when Alibaba or BABA was near historic peak at 287-288, we call a big short on BABA by going big into BABA put options and warrants, short DLCs with Sniper Wealth Chat & freebee Sniper broadcasts. ( see picture below for that big short call on the left ) 

On 24 Nov 2020, we entered our second big short on BABA during the pull back at 280, despite fresh news that day that Ray Dalio's Bridgewater Associates ( world biggest hedge fund ) is pouring big money into BABA.. ( see picture below for that second big shot call on the right ) 

today, BABA is at 157, down about 45%.   We expect more downside to BABA  & similar Chinese big techs as the relentless Chinese regulatory train-wreck continues.    Attend Snipers free webinars to find out why ,. WhatsApp ( 87124341 ) giving  your (nic) name  & email .

  With specific call to action, we also told Snipers to buy and bought they did ton loads of  BABA short DLCs on that 6 nov 2020 big short call which almost doubled in 4 days  ( see below )  . 

  

BIG short on other China bigtechs

As encore, on 22 Mar 2021, we also call a big short on Chinese big techs when Hang Seng index was about to breakdown from its topping formation and breakdown fast it did right after the call.   More of this in a future post.

Jinko & Canadian Solar - 61k USD + 71k SGD or 15% profits in 24 hours

Solar panel stocks has been on a tear since the recent California blackouts.  Snipers went in for the kill

Below is a profit statement from one Sniper , making 12% or 61k usd in 24 hours for that final burst of fire before the eventual 30%  crash the next 2 days  after Snipers exited

 

Above is the call on Jinko via WhatsApp broadcast.

see the Sniper's  nice ride of Jinko Solar charts below from 25 to 85 usd , and exiting at 85 peak before the 30% crash immediately after our exit  

Another sniper went in for Canadian Solar just before the final burst , He got in to enjoy a  15% rise or $74k profit in 3 days ( see below screenshot ) 

Those interested in the secrets of how to catch the ride to the peak , pile in for that final fiercest burst of fire to peak & then short from the peak just before it crashes  such as you saw in the stocks above  here may want to join free webinar & free WhatsApp alerts - see  http://finchartsniper.com/#event   or https://finchartsniper.blogspot.com/p/free-workshops-events.html

Shorting Zoom's blowout earnings : $700k or 20% profits in 4 days

  On  31 Aug 5pm EST  ,   Zoom  announced blowout earnings.(  below pic ) . As expected,  the price action next day on 1 Sept was a big gap up from 320 to 470 ( see above pic )  and lingered there between 430 & 460 throughout the day ( see below chart ) .

As the day draws to a close,  we saw a topping pattern in both Zoom & Tesla  very familiar to Snipers. 

A freebee call to short both Zoom & Tesla via WhatsApp broadcast was given to freebee Snipers  before US markets closed but i guess most freebees in our SGT timezone were asleep by then

Come next day 2 Sept at the opening bell, many freebees entered shorts into Zoom ( click here for that post )  . Zoom steadily plunged for consecutive 4 days without looking back from 440 to 346  .( see below pic )

When Zoom hit 347 last friday night , we noticed a bottoming pattern and alerted freebees to start closing their shorts to take profits. 

Below is one brave  freebee sharing his screenshot of his shorting results today. 

We immediately told him to reel in his profits ( some $900k in all ) by closing his shorts & to go long  as we expect Zoom to enjoy a steady fierce bounce pretty soon in this tech correction , when ? maybe tonight or  tomorrow

Those interested in the secrets of how to catch the ride to the peak & then short from there just before it crashes  such as you saw Zoom here may want to join free webinar & free WhatsApp alerts - see https://finchartsniper.blogspot.com/p/free-workshops-events.html 

Exiting & Shorting Riverstone peak : $82k or 11% overnight

 On 8 May when Riverstone,  one of the few high flying glove makers( Topglove, riverstone etc )  from Malaysia listed on SGX,  was hovering at 1.20-1.30 , we called a bullish breakout for Riverstone   where some Snipers rode it  from 1.30  to 2.40 . exited , took a 30 day break then rejoined the rally from 2.50 to recent 4.80.

On the 6 aug , anticipating a final burst of fire to the peak,   we piled on into our Riverstone positions , for our  last fast punt to the peak.  

Lo behold, true to prediction, the very next day , on 7 Aug friday , just before National Day weekend ,  Riverstone gap up 12%.  We detected the peaking and exited.

Below is one  Sniper's overnight trade on Riverstone's very recent last burst of fire to the peak @4.80 from 4.15 , reaping $82k or 11 %  in 24 hours with just 200 lots of Riverstone.

the screenshots he shared with me below speaks for itself ,  

Lo behold again, right after we exited near the peak at 468-80, Riverstone crashes to $4 post National day . see below pic Expecting riverstone  to crash some-more.

Those interested in the secrets of how to catch the ride to the peak , pile in for that final fiercest burst of fire to peak & then short from the peak just before it crashes  such as you saw in the stocks above  here may want to join free webinar & free WhatsApp alerts - see  http://finchartsniper.com/#event   or https://finchartsniper.blogspot.com/p/free-workshops-events.html

AEM - toppish , sell into strength

We had a good ride starting 22 Oct 2019  from $1.30  to $2.30 today.. time to sell into strength
see  our previous bullish breakout buy call here on 22 Oct 2019 :
https://finchartsniper.blogspot.com/2019/10/aem-breakout-after-long-accumulation.html

Markets peaked : time for big shorts

The markets have peaked ,    time to put in the big shorts