BABA Makes Notable Cross Below Critical Moving Average
In trading on Thursday, shares of Alibaba Group Holding Ltd (Symbol: BABA) crossed below their 200 day moving average of $91.65, changing hands as low as $90.05 per share. Alibaba Group Holding Ltd shares are currently trading down about 3.2% on the day. The chart below shows the one year performance of BABA shares, versus its 200 day moving average:
Looking at the chart above, BABA's low point in its 52 week range is $58.01 per share, with $125.84 as the 52 week high point — that compares with a last trade of $90.67.
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