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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  • BaronLyly
    ·2022-01-28
    Hope we beat the earning and go toward 150$ SP. Olympics is coming so hope for more relax regulations.
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    • riemann24Replying toFranklinMorley: 
      That would be an awesome entry point 😊
      2022-01-28
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    • 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.
      2022-01-28
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  • MatthewWalter
    ·2022-01-28
    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
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  • CyrilDavy
    ·2022-01-28
    BABA would recover much faster than most other stocks which would likely experience a lost decade.
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  • littlesweetie
    ·2022-01-28
    50 DMA 130, 100 DMA 144 and 200 DMA is 167. Once this reverses we will 350 in no time.
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  • BorisBack
    ·2022-01-28
    When you feel afraid, do not be afraid to rush up, you have to believe in your own choice
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  • KittyBruno
    ·2022-01-28
    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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  • FranklinMorley
    ·2022-01-28
    Sell this underperformed before it is going below 100. Don't wait for miracle. You have been warned.
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  • MyrnaNorth
    ·2022-01-28
    It appears people don't want to hold through earnings. but I am happy with my entrance price. Good luck to all the longs.
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  • EmilyMark
    ·2022-01-28
    The whole market was down today. We are in a bear market. It's not just BABA.
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