BABA's ADR chart is similar to big pop

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BABA's ADR chart is similar to big pop

$Alibaba(BABA)$ 's ADR chart is even more impressive. Look at that volume on Tuesday - similar to that big pop last May 16.

Traders will be looking to lock in gains on this move. Investors will be looking to accumulate on a retracement back to around 90. What happens today (9/25) in Hong Kong is key. As always, DYOR.

Image

According to HKEXGroup, the ownership of $BABA-W(09988)$ via the Stock Connect by mainland investors has risen to 286.6m shares (1.48% of total) as of 9/24. This data is 2 days delayed due to clearing and the actual ownership is likely closer to 350m shares.

Mainland investors are loving their ability to finally own shares in their biggest e-commerce platform.

https://x.com/BrianTycangco/status/1838737912592241054

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jislandfund
·09-25
more to come?
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AuntieAaA
·09-25
GOOD
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Look at that volume on Tuesday - similar to that big pop last May 16. Traders will be looking to lock in gains on this move. Investors will be looking to accumulate on a retracement back to around 90. What happens today (9/25) in Hong Kong is key. As always, DYOR. <img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/1556780c8f612a8ef8d6c723d3b28da0\" tg-width=\"2238\" tg-height=\"1384\">ImageAccording to HKEXGroup, the ownership of <a data-mention-id=\"09988\" class=\"teditor-mention\" data-mention-name=\"BABA-W\" href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$</a> via the Stock Connect by mainland investors has risen to 286.6m shares (1.48% of total) as of 9/24. This data is 2 days delayed due to clearing and the actual ownership is likely closer to 350m shares.Mainland investors are loving their ability to finally own shares in their biggest e-commerce platform.https://x.com/BrianTycangco/status/1838737912592241054</body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"BABA\" class=\"teditor-mention\" data-mention-name=\"Alibaba\" href=\"https://ttm.financial/S/BABA\">$Alibaba(BABA)$</a> 's ADR chart is even more impressive. Look at that volume on Tuesday - similar to that big pop last May 16. Traders will be looking to lock in gains on this move. Investors will be looking to accumulate on a retracement back to around 90. What happens today (9/25) in Hong Kong is key. As always, DYOR. <img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/1556780c8f612a8ef8d6c723d3b28da0\" tg-width=\"2238\" tg-height=\"1384\">ImageAccording to HKEXGroup, the ownership of <a data-mention-id=\"09988\" class=\"teditor-mention\" data-mention-name=\"BABA-W\" href=\"https://ttm.financial/S/09988\">$BABA-W(09988)$</a> via the Stock Connect by mainland investors has risen to 286.6m shares (1.48% of total) as of 9/24. This data is 2 days delayed due to clearing and the actual ownership is likely closer to 350m shares.Mainland investors are loving their ability to finally own shares in their biggest e-commerce platform.https://x.com/BrianTycangco/status/1838737912592241054</body></html>","text":"$Alibaba(BABA)$ 's ADR chart is even more impressive. Look at that volume on Tuesday - similar to that big pop last May 16. Traders will be looking to lock in gains on this move. Investors will be looking to accumulate on a retracement back to around 90. What happens today (9/25) in Hong Kong is key. As always, DYOR. Image According to HKEXGroup, the ownership of $BABA-W(09988)$ via the Stock Connect by mainland investors has risen to 286.6m shares (1.48% of total) as of 9/24. This data is 2 days delayed due to clearing and the actual ownership is likely closer to 350m shares. Mainland investors are loving their ability to finally own shares in their biggest e-commerce platform. https://x.com/BrianTycangco/status/1838737912592241054","highlighted":1,"essential":1,"paper":2,"likeSize":55,"commentSize":2,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/353095892017176","repostId":0,"isVote":1,"tweetType":1,"viewCount":1196,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["09988","BABA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":623,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":353212054716536,"commentId":"353212054716536","gmtCreate":1727240563600,"gmtModify":1727240568358,"authorId":4186496110989302,"author":{"id":4186496110989302,"idStr":"4186496110989302","authorId":4186496110989302,"name":"jislandfund","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353095892017176,"objectIdStr":"353095892017176","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"more to come?","text":"more to come?","html":"more to come?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":353201526309240,"commentId":"353201526309240","gmtCreate":1727237916763,"gmtModify":1727237921597,"authorId":3583049143664216,"author":{"id":3583049143664216,"idStr":"3583049143664216","authorId":3583049143664216,"name":"AuntieAaA","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":353095892017176,"objectIdStr":"353095892017176","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"GOOD","text":"GOOD","html":"GOOD","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}