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Thoughts on BABA reaching $100 by month-end
Looking at $BABA's recent action, holding firm around the high $90s, with today's range showing a decent push towards yesterday's close. We're currently at $98.14, having seen a high of $99.74 earlier. Given the general market sentiment and a lack of significant negative catalysts on the immediate horizon for Chinese tech, I'd put the odds of it touching $100 before month-end at around 65%. It feels like a key psychological level that could see some magnetizing action if broader market conditions remain stable or improve slightly.
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