Historical Movements after a big green day
Author analyzes BABA's historical price patterns after 7%+ daily gains, sharing charts for its full history and recent 2024 trends.
https://preview.redd.it/u6sio72mry0h1.png?width=861&format=png&auto=webp&s=3dbfcc902b7ed27984ed72c0c3d3fdc556f742e5
https://preview.redd.it/6s1xm72mry0h1.png?width=1202&format=png&auto=webp&s=8a8a5ddd9598c508f9be4b7d01345776b809221c
After today's price action, I wanted to take a quick look at the broader picture and see if there's any pattern after a big green day, right? What happens to BABA stock historically? To see that, I went ahead and put together some information going back to the start of BABA, as well as looking at the recent trend, call it January 2024 till today, and seeing how the stock price has reacted after a day with a greater than a 7% gain. Attaching that below. Just thought it would be cool to show and share with a few of our holders. If you have a different point of view or believe something else, I'd welcome it.
this has 0 information
The move today is going to be retraced by at least half by Friday. Utter POS stock.
Why r u still here
Because I'm an angry long
Link up your brokers api with claude code or codex. You'll get way more insightful data ;)
You made a wrong assumption, BABA doesn't follow any statistical law, it follows Murphy's law instead
She follows braised beef law
Explain it to me like a golden retriever?
Wooof Wooof

r/baba