Alibaba: bounces 5% from Binni's HKD142 support level
📈This morning, $BABA-W(09988)$ rebounded as much as 4.8% to HKD 149.50 as of 933AM, to pare back some losses from its 3 consecutive days of losses amounting to -6.8%
👩🏫Notably, Alibaba is 5.2% higher from SGX Academy Trainer Binni Ong's key support level of HKD 142 as highlighted in a post published this week on 7 January: https://warrants.com.sg/marketnews/highlight/todayhighlight/7795
✳✴Consequently, trending Alibaba call warrant $Alibaba MB eCW260505(WLWW.SI)$ (https://warrants.com.sg/tools/livematrix/WLWW) was up as much as 35% to SGD 0.027 this morning versus yesterday's price when Alibaba rebounded 5.2% to HKD 142, while trending put warrant $Alibaba MB ePW260303(IBBW.SI)$ (https://warrants.com.sg/tools/livematrix/IBBW) was down as much as 29.4% to SGD 0.036
🔍Those keen to trade Binni's technical views on Alibaba with leverage can consider using the above warrants to do so
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