BABA experienced more than 52% correction in the past trading year!
Between August 16-23, we see a huge increase in the trading volume, and so far August 2021 has had the highest trading volume since November 2014.
BABA's short interest after an 11% decrease is 1.69%, which means no one thinks BABA is a short opportunity at this price!
I believe it could easily experience a rebound to 180-200, however trade war can cause stagnation, but a more bearish case is very unlikely..!
Between August 16-23, we see a huge increase in the trading volume, and so far August 2021 has had the highest trading volume since November 2014.
BABA's short interest after an 11% decrease is 1.69%, which means no one thinks BABA is a short opportunity at this price!
I believe it could easily experience a rebound to 180-200, however trade war can cause stagnation, but a more bearish case is very unlikely..!
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.