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r/babar/baba· u/BaBaBuyey· 31d agoDue Diligence 29

Love the market makers and hedges flushed out all the weak hands at the open. St0ck! was actually under 130 around 5a.m.

Investor summaryNeutral

Market makers flushed out weak hands early on, but bad news and the need to close above 141.01 remain hurdles.

Bull points
  • Weak hands were flushed out by market makers, suggesting a healthy shakeout.
Bear points
  • The stock opened with negative news.
  • It still needs to close above the 141.01 resistance level.
Post body

💩 news to start; still need to close over 141.01

Discussion · top comments15 selected
u/chartry0 9· 31d ago

Earnings call. CEO is super bullish and said margin in not a priority right now. Alibaba wants to capture cloud market share faster than the market CAGR. He also gave a timeline for quick commerce profitability (2027).

u/parcas10 9· 31d ago

Insane day

u/Awkward-Way1023 8· 31d ago

https://preview.redd.it/mqeu24uyvw0h1.png?width=510&format=png&auto=webp&s=16ee55fa66eb4c9b26334f90be80fd63dd3c6c3d

this guy

u/BaBaBuyey 7· 31d ago

need a close over 141 today for a break out

u/BaBaBuyey 8· 31d ago

Processing img 5uxqtblbdx0h1...

u/Awkward-Way1023 7· 31d ago

what changed lol, trump arriving in beijing?

u/BaBaBuyey 5· 31d ago

Yes, and this is the poster child of China. How crazy may sound the stock has to be up.

u/Awkward-Way1023 4· 31d ago

market realizing this is a 300 USD stock

u/Awkward-Way1023 3· 31d ago

all chinese stocks JD, PDD, TCEHY, BABA taking off, it's related to trump in beijing

u/carmen_ohio 3· 31d ago

Trump TACO’ed and gave Xi the BJ

u/mojitosupreme 3· 31d ago

Sold BABA at $142 and JD at $33.4. Good luck to everyone else, it was a nice months long ride.

u/Inside_Radio8996 3· 31d ago

We are just getting started

u/Youareyes_cfc 3· 31d ago

Up 11 pts!!

u/blofeldfinger 3· 31d ago

Told you guys that these numbers are good.

u/cinciNattyLight 3· 31d ago

Gentlemen, to the moon!!!!