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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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评论(17)

  • GrowGrowGrow
    ·2021-10-10
    Grow Grow Grow 
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  • CitrusL
    ·2021-10-09
    Finally
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  • Jane777
    ·2021-10-09
    Alibaba price is still low as they have dropped quite alot before
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  • TeckV
    ·2021-10-09
    Can drop little give me chance to add more[笑哭]  before the further boost?
    回复
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  • SeC
    ·2021-10-09
    yeah
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  • Tanyl
    ·2021-10-08
    Alibaba price still low
    回复
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  • JerryTan
    ·2021-10-08
    Let’s go!!
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    收起
    • Huatkor: 
      Go go go
      2021-10-08
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    • lsn_9812: 
      👍🏻👍🏻👍🏻
      2021-10-08
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  • 2cca6599
    ·2021-10-08
    wew
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  • PS153
    ·2021-10-08
    baba already down a lot n for awhile.  is good or can move up.please like n comment
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    收起
    • Fiona888: 
      bull
      2021-10-08
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  • MJ_NEO
    ·2021-10-08
    to the moooonn
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    收起
    • 2cca6599: 
      wew
      2021-10-08
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    • BZBZ: 
      Gooo!
      2021-10-08
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  • Jenjorjack
    ·2021-10-08
    The Munger effect. Imagine if Buffett and Berkshire’s 13F has baba as well
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    收起
    • Eded: 
      Wondering how much did he invest ?
      2021-10-08
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  • TLC88
    ·2021-10-08
    K
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  • SirBahamut
    ·2021-10-08
    Buy the dip?
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    收起
    • Tchua: 
      Time is Now to long
      2021-10-08
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    • gogostocks: 
      good
      2021-10-08
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    • PS153: 
      yes.
      2021-10-08
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  • Jahme
    ·2021-10-08
    Hahaha 
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    • Jahme: 
      Not bad
      2021-10-08
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    • SirBahamut: 
      Nice
      2021-10-08
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    • Alkid: 
      Hehehe
      2021-10-08
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  • Skygeemusic
    ·2021-10-08
    Okay it’s going up 
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    收起
    • gcchan90: 
      hope it sustain!
      2021-10-08
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    • DragonKC: 
      Good
      2021-10-08
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  • IcyAlchemist
    ·2021-10-08
    Like and comment
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    收起
  • DanVI
    ·2021-10-08
    Nice 👍🏻 pls like🙏
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