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You'll lose another 20% without breaking a sweat. Stochastic RSI crossing down 80 on the monthly (below) following an overbought period indicating a major reversal. How can you be that obtuse? Emotions...
No idea, and don’t care. I’ll stick with my strategy of buying quality investments that will go higher in the long run.
Must be great waiting for stocks to fall, and then showing a graph explaining why its falling. I mean that’s genius.
Nothing to do with fundamentals, and I’m not selling. This stock is the Chinese Amazon..on any other day the shares would advance..
(Bloomberg) -- Alibaba (NYSE:BABA) Group Holding Ltd. kicked off the world’s biggest shopping binge on Wednesday, an annual frenzy of consumption for hundreds of millions of people that this year will also serve as the best barometer so far of China’s post-pandemic recovery.
Sales were off to a brisk start at the opening of a 24-hour sale. The company, one of the world’s biggest online commerce sites, said sales totaled 372.3 billion yuan ($56.3 billion) after just the first 30 minutes on Nov. 11, including revenue from an additional shopping window earlier this month.
...
If you don’t think this share will bounce back you really are clueless.
You'll lose another 20% without breaking a sweat. Stochastic RSI crossing down 80 on the monthly (below) following an overbought period indicating a major reversal. How can you be that obtuse? Emotions...
Alibaba Group Holding Ltd - ADR
NYSE: BABA
Follow 266,17 USD −24,37 (8,39 %)
Ant news + Tech Sell off
Nothing to do with fundamentals, and I’m not selling. This stock is the Chinese Amazon..on any other day the shares would advance..
(Bloomberg) -- Alibaba (NYSE:BABA) Group Holding Ltd. kicked off the world’s biggest shopping binge on Wednesday, an annual frenzy of consumption for hundreds of millions of people that this year will also serve as the best barometer so far of China’s post-pandemic recovery.
Sales were off to a brisk start at the opening of a 24-hour sale. The company, one of the world’s biggest online commerce sites, said sales totaled 372.3 billion yuan ($56.3 billion) after just the first 30 minutes on Nov. 11, including revenue from an additional shopping window earlier this month.
...
If you don’t think this share will bounce back you really are clueless.
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