BABA is sitting at critical support.
I believe we have just finished the overall market correction and now there will be some pretty high volatility. I suspect bullish movements for the next 2-3 weeks before another potential correction or consolidation. If it does not bounce up tomorrow and falls below 267.20ish, then look to short or buy lower.
Overall, BABA is a great long term investment.
BABA PT for 9/25: $300
I believe we have just finished the overall market correction and now there will be some pretty high volatility. I suspect bullish movements for the next 2-3 weeks before another potential correction or consolidation. If it does not bounce up tomorrow and falls below 267.20ish, then look to short or buy lower.
Overall, BABA is a great long term investment.
BABA PT for 9/25: $300