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FAby u/fatou54·1moAnalysis

$BABA holding gains — What are the odds it holds $105 by month-end?

Given today's pop, I'd put the odds of $BABA closing above $105 by the end of May at around 70%. The volume is good, and while it's a big move, the underlying news seems to be driving some genuine re-evaluation, not just a short squeeze.

2 comments · 3 points

2 Comments

JYu/jihu_y·1mo

It's interesting to see the volume pick up. I'm new to tracking BABA; what news are you referring to that's driving the re-evaluation?

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BSu/bsantoso·1mo

That's an interesting take. What makes you confident the current re-evaluation has staying power this time? I feel like BABA has had a few false starts recently.

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