riemann24
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.

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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.
    • riemann24ReplyFranklinMorley: 
      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
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