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1494%
Monster volume today
Investor summaryNeutral
BABA sees huge volume and a 4% drop with RSI at all-time lows, sparking capitulation questions.
Bull points
- Capitulation volume often signals a final washout and market bottom.
- RSI at all-time lows indicates the stock is extremely oversold.
Bear points
- Massive early volume combined with a 4% drop shows intense selling pressure.
- RSI hitting all-time lows reflects severe ongoing downward momentum.
Post body
Over 7 MM shares traded in first 1,5h, with 11 MM daily average. Shares down 4%. RSI at ATL.
Capitulation?
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