Looking at the current stock price, it seems to be following an upward trend along the moving average line and has recently pulled back to a support level.
Now it's time for a fun activity - which of the combinations A, B, or C has a higher probability of going up in the future?
Here is how it works:
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Comment below and share your ideas
Moomoo learn will select 10 lucky winners
Winners will be r...

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As the earnings season approaches, investors may be wondering how to accurately identify market trends. In this article, we will share five techniques that could help you do just that. If you find these tips useful, don't hesitate to leave a comment below!
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BABA's Current Narrative
One of the best companies in China has had a rough few years in the stock market. BABA experienced a very bullish Friday due to the markets assumption that the chinese government is easing its megacap tech crackdown.
This assumption stemed from the chinese government giving Ant group a measly fine of several hundred million dollars. This is chump change to a huge company like BABA. If this is the extent to the China tech crackdown, then it might b...

The technical picture for $Alibaba (BABA.US)$ has been looking better this year than it has looked the 2 years prior.
The breakout to the upside of this candlestick wedge formation looks bullish for the mid-term picture.
There are a couple of strong resistance levels where the price action might find some friction or some sellers stepping in. These resistance levels reside at the previous local highs in price from earlier this year.
If the price does climb above these pre...

MACRO
Wage Gains, Low Unemployment Keep Pressure on Fed; Hiring Cooled in June
Hiring slowed in June but wages rose and unemployment fell, likely keeping the Federal Reserve on track to raise interest rates later this month to combat inflation.
U.S. employers added 209,000 workers in June, a solid monthly gain but down from May’s revised 306,000.
The unemployment rate fell to 3.6% last month from 3.7% in May. Emplo...