BABA In Buy Zone
Alibaba is above an 184.23 buy point following strong earnings. On Monday, it's the 11.11 Shopping Day, the world's biggest e-commerce shopping event. Alibaba founded this event, but all the e-commerce players take part, including, JD.com, Vipshop and Pinduoduo. JD.com is in a buy zone, while VIPS and PDD are extended. Shipping giant ZTO Express is just below a buy point. JD and VIPS have earnings next week, along with several other Chinese internets.