BABA experienced more than 52% correction in the past trading year!
Between August 16-23, we see a huge increase in the trading volume, and so far August 2021 has had the highest trading volume since November 2014.
BABA's short interest after an 11% decrease is 1.69%, which means no one thinks BABA is a short opportunity at this price!
I believe it could easily experience a rebound to 180-200, however trade war can cause stagnation, but a more bearish case is very unlikely..!
Between August 16-23, we see a huge increase in the trading volume, and so far August 2021 has had the highest trading volume since November 2014.
BABA's short interest after an 11% decrease is 1.69%, which means no one thinks BABA is a short opportunity at this price!
I believe it could easily experience a rebound to 180-200, however trade war can cause stagnation, but a more bearish case is very unlikely..!
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.