This Michael Burry stock enters most overbought zone in 7 years; Time to sell?
Michael Burry of ‘The Big Short’ fame has shown a preference for Chinese technology stocks, with Alibaba (NYSE: BABA) ranking among the key positions in his portfolio.Recently, BABA has been enjoying an impressive run, driven by increased buying pressure amid underlying strong fundamentals. However, this scenario could signal the need for caution ahead for the e-commerce giant.At the close of the February 14 session, Alibaba closed at $124.73, up almost 5%, with the stock having surged 46% year-to-date. Des ...