$BABA TOP 20
Added 2024-01-15 19:46:38 +0000 UTC$BABA is mirroring the HS Index and I believe when this index bounces or reverses then so will $BABA, we are approaching earnings season for the Tech Giants and this could be the catalyst we have been waiting for and need.
$BABA remains in this bullish descending wedge and although it is frustrating to see a stock like this so undervalued and suppressed, it does not concern me.
It can of course continue down this wedge too, earnings are expected around the 31st of Jan, if we get the same performance as Q3, we have got to expect a turnaround here for $BABA.
Institutional buying has doubled for the month of December.
Comments
Any chance this could make new lower low?
Stephanie
2024-01-15 23:38:26 +0000 UTC
