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
免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。
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