BABA

MSCI will add 14 Chinese ADR shares to China index next month Billions of dollars in index fund money will be buying those shares. Wow !

Ok that is good news for BABA. My target is still the unfilled gap above around $97. It will need to push up through the resistance at the 200sma to attract a new set of buying interest.

If the recent earnings report has any merit, then it could rally until the 11/11 sales report.
 
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