NYSE:BABA   ALIBABA GROUP HOLDING LTD AMERICAN DEPOSITARY SHARES EACH REPRESENTING ONE ORDINARY SHARE
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ER is right in the corner just less than 36 hrs that unknown will rest and new short sellers will appear or current 9.8% level will result a pop up of that magnitude which will but at and around $82 level but also it will confirm a trend reversal towards next huge overhead resistance at $91.60. There are a few areas of interest tomorrow; $73.42 needs to be defended push below this level will suggest bad ER or if price pushes 77.66 area bulls are hoping a strong ER or a little better than expected consensus estimate. We recommend to stay sideline and wait for the dust to settle in a few days.
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