Alibaba rose over 2% after surged 8% yesterday

Tiger Newspress2021-10-08

(Oct 8) Alibaba rose over 2% in premarket trading, after surged 8% yesterday.

The stock is looking to make it three up days in a row for the first time in a month aftera strong session in Hong Kong for China tech companies overall.

BABA is the most mentioned ticker on the WallStreetBets subreddit today, with more than 150 mentions, according to data from Quiver Quantitative.

The stock had seen a 20% bear correction from early September highs before it started to gain some ground on Tuesday.

Still, it saw only a one-day dip into oversold territory, with therelative strength index moving below 30 on September 24.

Other china tech names mixed.

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精彩评论

GrowGrowGrow
2021-10-10
GrowGrowGrow
Grow Grow Grow
CitrusL
2021-10-09
CitrusL
Finally
Jane777
2021-10-09
Jane777
Alibaba price is still low as they have dropped quite alot before
TeckV
2021-10-09
TeckV
Can drop little give me chance to add more[笑哭] before the further boost?
SeC
2021-10-09
SeC
yeah
Tanyl
2021-10-08
Tanyl
Alibaba price still low

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add more[笑哭] before the further 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