日漫
2022-01-28

$Alibaba(09988)$still on downtrend following the 20D MA, with $132 as a resistance level to watch.

Short-term retesting the $110 mark again. Looks like still holding.

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

  • BaronLyly
    2022-01-28
    BaronLyly
    Hope we beat the earning and go toward 150$ SP. Olympics is coming so hope for more relax regulations.
    • 日漫ReplyFranklinMorley: 
      That would be an awesome entry point 😊
    • FranklinMorley: 
      Mark my words! After the earnings, this will surely drop below $100, how low, I’m not sure, though! Up to $50-60 is a real possibility.
  • MatthewWalter
    2022-01-28
    MatthewWalter
    I bet the Bears in this thread buy high and sell low on every stock they've owned. This is a blue chip stonk that will make money in the long term
  • CyrilDavy
    2022-01-28
    CyrilDavy
    BABA would recover much faster than most other stocks which would likely experience a lost decade.
  • littlesweetie
    2022-01-28
    littlesweetie
    50 DMA 130, 100 DMA 144 and 200 DMA is 167. Once this reverses we will 350 in no time.
  • BorisBack
    2022-01-28
    BorisBack
    When you feel afraid, do not be afraid to rush up, you have to believe in your own choice
  • KittyBruno
    2022-01-28
    KittyBruno
    Started buying this stock when it was 230 usd, averaged down till 170 usd. This will be a really long road to get some profit
Leave a comment