
Please try another search
Alibaba Group (NYSE:BABA) shares are in free-fall as the trade war with China escalates. While Alibaba has little direct impact from tariffs, it is all about investor sentiment toward China stocks, and it's not good right now. Having said that, traders are taking note of a the massive fall in the stock and a major, multi-factor support level coming up at $155.90. There's a major gap-fill here, pivot support and a 61.8% Fibonacci level. With these three technical levels in place at the $155.90, traders expect to see a snap-back bounce. That's where they're looking to buy Alibaba as a swing trade.
Mega-cap stocks have been a favorite for long-term investors, providing stability, global reach, and consistent dividends. Using InvestingPro, we have curated a list of the top 36...
The Nasdaq Composite Index has been trading sideways for sometime. As it reaches a former high in the daily chart, there is no doubt some resistance will kick in.Sometimes the...
Planet Fitness is the nation's largest gym operator having added 110,000 net new members in Q3 2023, bringing the total to 18.5 million throughout 2,498 gyms in 50...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.