SZina

My thoughts going into earnings next week

NYSE:BABA   ALIBABA GROUP HLDG LTD
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Lanmar PRO
2 years ago
It retraced into structure with really light volume (negative). The fact that it held tight even during market weakness is now irrelevant to me, whereas before it would prove meaningful (its traded weakly during market strength far too often). Today may have been a good day to reduce exposure if you're long.

P.S. I own 1000 shares and will reduce my exposure a bit if BABA can't break 101.
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