NYSE:BABA   Alibaba Group Holdings Ltd
89 0 1
So far BABA has held the recent lows around 103.50 This level closely coincides with the 50EMA & provides a potential level to play against in the near term. Today's close will be important for those watching BABA over the intermediate term. A close above 40% of the days trading range will imply support as would a close above the 50SMA.
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