Alibaba Is Nearing the Buy Zone After the Recent 10% Pullback

Shares of Alibaba (NYSE:BABA) have certainly not participated in the recent rally. After closing near the $200 level on July 25, reaching $197.98, BABA stock has fallen nearly 10% to $178.62 while the overall markets have headed higher in that time frame. Look for Alibaba to find support and begin to bounce near current levels. …read more

Source:: Yahoo Finance

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