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- 698.837
- -18.472-2.58%
Close Nov 6 16:00 ET
707.617High696.975Low
707.617Open717.309Pre Close101.16MVolume2Rise23.21P/E (Static)7.80BTurnover1Flatline1.01%Turnover Ratio1.09TMarket Cap14Fall903.16BFloat Cap
Constituent Stocks: 17Top Rising: MOGU+5.24%
BABA is still undergoing a correction from $118.
This stock is not for the faint hearted.
It is going to be very volatile over the next few days.
In the very short term, I am expecting the stock to bounce up to US$97.50+ or HK$95.50+ before falling hard again. After that, it will be good to pick up some stocks.
• $Coinbase (COIN.US)$ , $BTCL, $Robinhood (HOOD.US)$ , $MSTU & $CLSK up over 10% as Trump’s favorable crypto stance boosts sentiment.
• $IONQ & $RKLB both up 8% on deregulation optimism in sectors like quantum computing and space.
• $Palantir (PLTR.US)$ rises 4% on anticipated growth in DoD AI initiatives.
• ...
BABA is not a buy yet.
Patience 😀
Do your own due diligence. i am not a certified financial advisor.
$Alibaba (BABA.US)$
I am watching a programme, an expert said that it's unavoidable that Trump will initiate the following actions against CCP:
1. trade tariffs
2. technology embargo
3. financial war
4. arms race
Don't forget that Trump will not forget that CCP's irresponsibility spread Wuhan Pneumonia around the world and resulted in deaths of Americans and cost him re-election.
investigations and claims might be triggered as part of the arsenal of attack.
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