This is Ba_老虎社区_美港股上老虎

2021-11-23

This is Babas 3rd bear market

1st one

11/9/14 to 2/7/16 (15 months). Price went from 115 to 55 (52% drop). It was a double bottom and 7 months later it was at 110 again

2nd one

6/10/2018 to 12/30/2018 (6 months). Stock went from 211 to 129 (39% drop). It was a double bottom and 4 months later it was at 200 again.

3rd one

10/25/2020 to ??? (13+ months). Stock has gone from 320 to 139 so far ( 56% drop).

Each double bottom had a large peak in between bottoms, like the one we made going to 180.

If history repeats itself, this will be a double bottom and baba will reach around 300 within 12months

@munchygirl：This is Babas 3rd bear market 1st one 11/9/14 to 2/7/16 (15 months). Price went from 115 to 55 (52% drop). It was a double bottom and 7 months later it was at 110 again 2nd one 6/10/2018 to 12/30/2018 (6 months). Stock went from 211 to 129 (39% drop). It was a double bottom and 4 months later it was at 200 again. 3rd one 10/25/2020 to ??? (13+ months). Stock has gone from 320 to 139 so far ( 56% drop). Each double bottom had a large peak in between bottoms, like the one we made going to 180. If history repeats itself, this will be a double bottom and baba will reach around 300 within 12months

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