The analyst suggests buying BABA when it is at its 200-week moving average, similar to when MSFT tested its 200 WMA in March, implying a long position.
Buying at the 200-week moving average is seen as an opportunity, referencing a similar situation with MSFT.
If the market is retarded enough to allow you to buy $BABA at its 200 WMA As it was when $MSFT tested its own 200 WMA in March Then you take advantage of it
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +0.1% | -0.4% |
| 1 week | -2.8% | -4.0% |
| 1 month | +0.2% | -1.4% |
| 3 months | — | — |
| 6 months | — | — |