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YAby u/yarabakri·42mAnalysis

BABA breaking 100 by month-end? My two cents.

Been watching $BABA pretty closely lately, and after today's move, it's sitting at 97.28. We had a nice push today, holding above the lows, and the intraday range shows some conviction. Considering the broader sentiment around Chinese tech maybe finding a floor, I'm leaning towards BABA hitting the psychological 100 level before the month is out. I'd put the odds around 65% for that. There's still some resistance up there, obviously, but the momentum feels like it's building for a test. It's not a sure thing, but the risk/reward for a short-term pop seems decent if this EM rebound narrative sticks.

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