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Golomt_Capital
Apr 8, 2022 7:17 AM

ALIBABA GROUP HOLDINGS LTD (NYSE) Short

Alibaba Group Holding LimitedNYSE

Description

The downward trend is expected to continue.

Possible all time low - between around $13-$17.





DISCLAIMER: This is an idea only and we are not responsible for any profits or losses arising from trading.
Comments
MohammadAlOmair
hey why do you think it would go down to all time low and not retest and reverse at $57 - $62?
CryptoeChris
dude was probably high asl when making this. If for some strange reason this guy gets it right I will gladly sell my work 401k and car to buy BABA at $18-20.
fantasyste
lol. No need to add more.
samitrading
Based on what bud ?
josip
@samitrading, He smoked too much bud...
isaacchan15947
Why not just go down to zero?
Bishmar
LOL
irfanbi
My best guess is that we will see share rising in the near future after BOC will reduce the interest rate to boost Chinese economy. They will also soften the current COVID lock down.
chinmayamahapatra
Hehe. What an oscar winning analysis
Rockqet
Interesting insight, we have the same bearish views. Do check out our analysis at
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