Yesterday's market capitalization is $41.6B. Was this valuation takes into account the Alibaba IPO? I do not think so. Yahoo to reap $ 8B and then, what the market will do?
In the chart, we see the Cup with Handle. This is a continuation pattern. Minimum of this movement is a level $50.
The rest is in the hands of Jack Ma.
www.bloomberg.com/ne...ibaba-s-u-s-ipo.html
In the chart, we see the Cup with Handle. This is a continuation pattern. Minimum of this movement is a level $50.
The rest is in the hands of Jack Ma.
www.bloomberg.com/ne...ibaba-s-u-s-ipo.html
