Last week BABA sold off and this week looks to have found a base. The selloff was an overreaction for ANT groups delay in IPO process (BABA is a 33% owner of ANT Financial). Now BABA has a huge gap up to 291 which it will look to fill over the coming weeks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.