$BABA-W (09988.HK)$ I always say it need to hit and maintain...
$BABA-W (09988.HK)$ I always say it need to hit and maintain $86, $86 was the May2024 high, if cross over and stay there, its confirmed bullish, shorts at these level will have to cover loss, this will push the price northwards 😂
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
104255742 : $2.5 more to go
103699841 OP 104255742 : Above $86 will also mean 1 year high , thats why it must crossover, implying all shorts position lose $, unless they so free keep looking at screen and trade for $1 difference
Thelord : It is a matter of when, not if. But likely need to wait till next ER to see if got good results
MrM 103699841 OP : You will be surprised. They are that free. Unless they are trading with 6 figures lah, 1% is good gain.
104255742 : I think most would be covering their shorts. The buying momentum too strong. Mainlanders fund buy and als Alibaba buying at the same time
MrM 104255742 : Too bad too little shorting. Shorting interest too low to trigger any good squeeze. Just small traders doing scalping. No big institutional investors are shorting.
104255742 MrM : Hopefully the buying momentum continues. It shd break 86 soon
MrM 104255742 : It is likely based on technicals. Making higher low now. Buying momentum should maintain.
leslietiger : Bull all the way. No turning back!
whyareyourunning : ya bull bull bull all the way..