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$BABA short idea

Short
Alibaba Group Holdings Ltd. (NYSE:BABA)  
optionsswing  
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis BABA
2
4
trendanalysis baba
Alibaba $BABA is a Chinese E-commerce platform that flourished during COVID but is now struggling due to currency exchange, supply chain, and lockdowns in China.

Bearish technicals show a bear flag with price right at the breakdown levels here. Downside levels are 94, 92, 89, 84. Stop loss 105.

OptionsSwing Analyst
Daniel Betancourt

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