$Alibaba(BABA)$ Seriously guys

Seriously guys, stop trading only using technical charts. It make me laugh a tons when I see target or resistance this morning of 80$. If you look at company numbers, balance sheet. Growth, price ratio! You will not sell short here or sell your share if it hit 80$. You can't find this type of quality company & size at these price ratio in North America. You will most likely find bubble valuation in the US. The only reason stocks get into ridiculously low valuation or bubble territory is because of humans are emotional creature. It is the game of the shorts to make you believe the stock worth 75$, just like when they shorted META down to 86$ 2 years ago... Find me 1 mega cap in the U.S. who bought back more than 3% of their share float in Q2 as well as paying a dividend.

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