$BABA TOP 20
Added 2023-11-15 17:27:25 +0000 UTC$BABA's earnings are out in the morning before the market opens.
It has left a gap behind today to $84 after jumping 3% up at the open today, if the price closes this gap before the earnings, I will look at adding a small bit to my position here.
I am expecting the earnings to be in line or better than their report in August, which was an impressive beat across a number of metrics.
We can see that the price action got close to the blue line today which we know has been a resistance level since Sept, we need this level at $88 to flip to support, a good earnings can do this.
Comments
bigger than amazon, beat earnings, pays a dividend now! and dumps. what am I missing? How is this dip not being absolutely gobbled up?
ES B
2023-11-16 15:13:21 +0000 UTCWhen looking at a chart how long do gaps remain a relevant part of your analysis, and in which timeframe (daily/weekly)?
Kyle
2023-11-15 17:41:08 +0000 UTC
