SamSuka
The Long Investor
The Long Investor

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$BABA TOP 20

Weak PM for $BABA but slowly recovered during the day and back up to test the yellow trend line from below....as we said over the weekend update, we need to see this level flipped to support and then a move up to the blue line at $71 to see signs of reversing or even strength.

For now, we can still expect that a flush down to $65 is a possibility before reversing.

I am not taking any position right now, still holding here. 

$BABA TOP 20

Comments

See news: Bloomberg has learned Chinese officials are considering a market rescue package in the order of $280B. Markets responding nicely initially.

Steven Richards

Ty

Yasser Etman

Pre market

Nick

PM means ?

Yasser Etman


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