Daily BriefsTechnical Analysis

Daily Brief Technical Analysis: Alibaba and more

In today’s briefing:

  • Alibaba, Longfor Group, Country Garden, New World Development

Alibaba, Longfor Group, Country Garden, New World Development

By Untying The Gordian Knot

  • Two big headlines drove the short squeeze, helped by the record level of short selling as a percentage of total volume in recent months.
  • The recovery remains a low volume rally and short turnover as share continues to be high.
  • Most of the short selling remains in Index ETF and very large-cap stocks.

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