More BABA

Bought another portion of Ali Baba shares.
Was afraid the price will be too ex after 11.11.
But lucky it was ok, bought another 5 @ $146.
In fact it is sliding to $143 10 mins after I bought.
But it is ok, will be prudent too and buy more when shares dip to the next support (around $120).
The previous and first time I bought was around $170, the previous support zone.

Like the idea that they are quite focused on cloud computing.
Don't think Tencent is doing it.
If Alibaba is dominant in cloud computing, China is a big market for them to milk.

Currently I have JD, Baidu, Tencent and Alibaba.
Together they add up to USD$5k, which was my target for China shares.