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r/baba
It was like BABA was on a mission to give up a three figure handle today. I am surprised there wasn't resistance.
Investor summaryBearish
BABA easily broke below $100 with no resistance, leaving the author wondering if the bottom is at $80 or $60.
Bear points
- BABA broke below the $100 psychological level with zero resistance.
- Potential for further downside to $80 or $60 as the bottom is unknown.
Post body
Where is the bottom? 80? 60?
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