$Alibaba(BABA)$ Needs to cool

$Alibaba(BABA)$ Needs to cool down. Baba always reacts poorly if it rises too fast. This is because volume is not exactly huge. Sellers have easy job when demand is not so high. Slower and steady rise is preferred option. Last two pumps to 120s had some massive volume spikes / even over 100 mil shares traded per day. I do not say we need such a volume but recent activity simply shows there is no big demand to support the rise over 100 right now.

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