caldooninvestment

BABA - Lets touch the support and fly!

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
After the pandemic-related increase in e-commerce, BABA saw tremendous increases in its revenues.
However, recently they had to drop some heat which resulted in a 15-20% drop. With the current drop, it seems like
BABA reached one of the strong support points which can give us a quick jump back.
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