$Alibaba(BABA)$ 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":341181607436328,"tweetId":"341181607436328","gmtCreate":1724319353336,"gmtModify":1724319357567,"author":{"id":9000000000000603,"idStr":"9000000000000603","authorId":9000000000000603,"authorIdStr":"9000000000000603","name":"ElsieDewey","avatar":"https://static.tigerbbs.com/9a2c539bd7eff494d3755975b44673ef","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":40,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><p> <a data-mention-id=\"BABA\" class=\"teditor-mention\" data-mention-name=\"Alibaba\" href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a> <v-v data-views=\"1\"></v-v> 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.</p></body></html>","htmlText":"<html><head></head><body><p> <a data-mention-id=\"BABA\" class=\"teditor-mention\" data-mention-name=\"Alibaba\" href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a> <v-v data-views=\"1\"></v-v> 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.</p></body></html>","text":"$Alibaba(BABA)$ 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.","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/341181607436328","repostId":0,"isVote":1,"tweetType":1,"viewCount":348,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["BABA","09988"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":365,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/341181607436328"}