$Alibaba (BABA.US)$$Alibaba (BABA.US)$Currently, the stock p...
$Alibaba(BABA.US$ $Alibaba(BABA.US$Currently, the stock price is supported by the 200-day EMA of 78. Above the 5-day EMA of 78.8 and below the 10-day EMA of 79.5, it is likely to rise to 80 before the share registration date for dividends on June 12, hitting the 20-day EMA of 81.6. It is estimated that there will be a sell-off after the interest rate is lifted on June 13. Baba may choose to protect the market at that time and increase buybacks to go up.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
