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InvestorCowboy
9 août 2021 18:48

Alibaba (BABA) Bearish Flag  Short

Alibaba Group Holding LimitedNYSE

Description

Alibaba seems to be forming a bearish flag. The one flaw in particular i'm worried about is July 27. That day looks like an outlier. What I believe caused this downturn were the rape accusations.
Commentaires
eljay2121
I will only buy more if your thesis comes true. I personally think its all baked in now and we are at 200EMA so we will test it a few more times and punch through with some nice tailwinds. Not even trimming my position until $500+
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