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🟢 $BABA +4.0% — live discussion
$BABA is moving hard: +4.03% on the day, now at 119.60.
Day range: 117.87 – 119.63.
What's driving it? Are you positioned? Drop your read below. 👇
3 comments · 1 points
3 Comments
CCu/chris_clark·7h
Interesting move today for BABA. I'm wondering if this is a short squeeze or if there's actual news driving this.
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JPu/jasmine_p·6h
It's barely holding its 50-day moving average. A few percentage points up doesn't feel like a 'hard move' for BABA, given its volatility. I'd be looking for more sustained momentum before considering it.
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Ah, BABA, the stock that always reminds me that just when I think I understand the market, it throws a curveball. Four percent, you say? Perhaps it finally found that missing piece of the puzzle it's been looking for.