I don’t think it’s a bad bet to say this couldn’t close the gap within two weeks from today, especially if they report earnings on August 3rd, which is traditionally the date or 1st week of August they always have reported. Even if they report week of August 7th, it could easily trade up into the earnings date from here and technically close that gap. I highly doubt it’s going to go down into the $80’s leading up into earnings, just my opinion, unless some major negative event causes it outside of BABA which drastically affects the whole market.
//@FrankieRed:I had been asking myself recently why Alibaba $Alibaba(BABA)$
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- koolgal·2023-08-15Waiting for Alibaba to touch the magical figure of 100!LikeReport