speaking of baba...it pops on earning this morning 2/23/23
$BABA : Game over... back to the rescue.
- Thread starter tizianob
- Start date
Alibaba Shares Soar After Historic Overhaul Heralds IPO Wave
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BABA has been moving in the 70 to 120 range for many months.
It continues to move in the range after the historic overhaul.
- It will regroup along six main business lines with new CEOs
- The overhaul is Alibaba’s biggest since its founding years ago
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BABA has been moving in the 70 to 120 range for many months.
It continues to move in the range after the historic overhaul.
professional writers wrote :
Alibaba shares tumble after SoftBank reportedly sells most of its stake
PUBLISHED WED, APR 12 20236:26 PM EDTUPDATED 2 HOURS AGO
Jonathan Vanian@JONATHANVANIAN
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KEY POINTS
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traders wrote :
BABA has been moving in the 70 to 120 range for many months.
It continues to move in the range until the chart says otherwise.
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hmmmm....
OP using a magical miracle indicator still hanging on to $BABA.
Alibaba shares tumble after SoftBank reportedly sells most of its stake
PUBLISHED WED, APR 12 20236:26 PM EDTUPDATED 2 HOURS AGO
Jonathan Vanian@JONATHANVANIAN
SHARE
KEY POINTS
- The Financial Times analyzed regulatory filings and learned that SoftBank sold roughly $7.2 billion worth of shares in the Chinese ecommerce giant via prepaid forward contracts.
- Just three years ago, SoftBank maintained a nearly 25% stake in Alibaba worth over $100 billion.
- SoftBank and its Vision Fund have been posting huge quarterly losses amid a slowdown in the tech sector that has hammered valuations.
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traders wrote :
BABA has been moving in the 70 to 120 range for many months.
It continues to move in the range until the chart says otherwise.
_____________________________________________
hmmmm....
OP using a magical miracle indicator still hanging on to $BABA.
Alibaba’s Hong Kong shares drop 10% after it shelves cloud spinoff, citing U.S. chip restrictions
PUBLISHED THU, NOV 16 20236:57 AM ESTUPDATED 29 MIN AGO
Ryan Browne@RYAN_BROWNE_
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The $79 level is still well supported.
PUBLISHED THU, NOV 16 20236:57 AM ESTUPDATED 29 MIN AGO
Ryan Browne@RYAN_BROWNE_
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The $79 level is still well supported.
Jack Ma talked about pawn shop financial mentality.
It is better not to question China's ideology.
The Western mentality is different; They talk about freedom, & more freedom.
Anyway, OP's miracle magical indicator is very good (if we do the reverse).
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