$Alibaba (BABA.US)$ impressive management of price in a tigh...
$Alibaba(BABA.US$ impressive management of price in a tight range. likely institutions accumulation phase
Interesting social policy that banks of the west will never agree with. Existing mortgage loan interest to be lowered without need to go for remortgage. This should gives some relief for homeowners who bought at a higher interest rate. Saving them a few bucks monthly repayment
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Mett : Huh…how is the range tight?
Cookie Jar Fund OP Mett : well, on such a
market the trading price was hovering at 93.5 plus minus 20ct for 4-5 hrs. thats pretty unusual if the counter is trading freely.
102559790 Cookie Jar Fund OP : i agree with u. baba price within tight range when others moved up much more. do u think funds are accumulating? or sell whenever there is opportunity
Cookie Jar Fund OP 102559790 : no idea, just unusual observations for a number of days on 1 min chart. unusually tight range. could be transferring of shares between tankers