Alibaba Group Holding Limited stock forum
BABA someone is shorting this…. Looks very deliberate.
BABA I am thinking this could reverse back higher over time. This wash out is brutal though. Who knows how far it will continue to move down.
BABA what's wrong with this stock?
BABA (86.7$ to 85.7$) could be an important lvl
BABA here we go 🚀
BABA volume increasing for 150 call options for 12/27 avg. 34.95% in price growth in my opinion - chart below
BABA 9988 Appears to be forming a potential C&H pattern, a bullish continuation setup that often signals a breakout.
Volume Confirmation:
During the rise forming the right side of the cup, volume increased significantly, exceeding the Volume Moving Average. This supports the validity of the cup.
Current lower volume during the handle formation is typical, suggesting a healthy consolidation.
*Entry*:Wait for a breakout above 109 USD.
*Early entries*: near the handle’s current consolidation zone (88-92 USD).
Targets:
1st Tgt(Short-Term): 135 USD
2nd Tgt (Mid-Term): 165 USD previous major resistance and psychological levels.
BABA
BABA back to $50
BABA can this go 100 this week