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Mingling8885
2021-06-04

Pretty good price now too [可爱]

Is Alibaba's Stock About To Rally?

Support is a large concentration of buyers who are all looking to pay the same price. At support lev

Is Alibaba's Stock About To Rally?

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At support levels, there is more demand for shares than there is supply. That’s why sell-offs end when they reach them.</p>\n<p>Sometimes when stocks fall to support, the tide turns and the stock rallies or rebounds.</p>\n<p>This is what happened to shares of&nbsp;<b>Alibaba Group Holding Limited</b>(NYSE:BABA) when they fell to $211.50 in December. Now it looks like it may happen again.</p>\n<p>Alibaba's stock reached this support on May 13. 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Is Alibaba's Stock About To Rally?

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