Xafada

32% Gain from Sept low May get challenged soon

NYSE:BABA   Alibaba Group Holdings Ltd.
3
ER is right in the corner just less than 36 hrs that unknown will rest and new short sellers will appear or current 9.8% level will result a pop up of that magnitude which will but at and around $82 level but also it will confirm a trend reversal towards next huge overhead resistance at $91.60. There are a few areas of interest tomorrow; $73.42 needs to be defended push below this level will suggest bad ER or if price pushes 77.66 area bulls are hoping a strong ER or a little better than expected consensus estimate. We recommend to stay sideline and wait for the dust to settle in a few days.
Real-time alerts www.2waytrading.com

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.