$BABA 20260320 155.0 CALL$ BABA is currently testing a critical psychological and technical juncture as it retreats to levels we haven’t seen since last September. While the company continues to lean heavily into its AI infrastructure and cloud computing expansion, the recent earnings data hasn't quite provided the spark investors were looking for, leaving the stock in a vulnerable position. I’m looking for the share price to find its footing here and either begin a reversal or, at the very least, enter a period of sideways consolidation to burn off this selling pressure. It is vital that the stock holds firm above the key $108 support level, as a failure to maintain that floor could signal a much deeper correction and a significant shift in the medium-term trend.
Meanwhile, will continue to sell covered to generate some side income while waiting for the share price to come back up. | Side | Price | Realized P&L |
|---|
| Buy Close | 0.00 | +100.00% Closed |
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