Magical multiplier$Alibaba(BABA.US) is just my personal view on the price of BABA, not a value analysis, only looking at the price trend. Tonight and the next two days are crucial for BABA's performance. It has already tested the $99.5 level twice. If it effectively breaks below $99.5 by more than 2 points without a significant rebound, it will basically confirm a continued downtrend. If it doesn't break below effectively and bounces back to $102-103, then a new upward trend could begin.
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