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Alibaba Group Holdings Ltd.
Long

long the alibaba group

By Robohand
Updated
long baba. scale in all the way down to 120 dollar (nov 2014 high)
Comment
BABA down to 110 dollar. filled more yesterday @ 120 and today @ 113
Comment
think we may have finally bottomed. short term look for it to fill the daily gap around 148 - 160 area and stall there for a while. also worth noting BABA is up 14% ytd. outperforming nearly all large caps and indexs. i expect this to continue for 2022
Comment
snapshot Monthly close over 100 would be very strong. Good news out of China this morning that the PROC would stabilize its capital markets. Still down pretty good amount here, but I am in good company with who else owns this stock so I'm not to worried yet.
Comment
snapshot Monthly closed @ 108 . Long wicks like these usually signal a high probability of trend reversal.
alibabaBABAChart PatternschinaCWEBinternetretail

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