BABA, daily
Summary
Little to add.
Assuming broader equity market downside across Sept/Oct', BABA looks very vulnerable.
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Wednesday, 12 August 2015
BABA - post earnings depression
Alibaba (BABA) upset the market on earnings, printing $69s in pre-market, settling -5.1% @ $73.38. Near term outlook offers a moderate bounce, but broadly, new lows below the IPO of $68 look due.
BABA, daily
Summary
Little to add.
Assuming broader equity market downside across Sept/Oct', BABA looks very vulnerable.
-
BABA, daily
Summary
Little to add.
Assuming broader equity market downside across Sept/Oct', BABA looks very vulnerable.
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