$Alibaba (BABA.US)$
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Earnings flood from China's stocks: Is a turnaround on the horizon?
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ShyFish_ : Huge inflow last 2 days, can the bounce be here?
SKYWalkers OP ShyFish_ : from what I see, I think the range is 60 to 120 until end of June 2025.
Alibaba is a good company, but under Trump's Cold War 2.0 attack, next 4 years is not good for China companies.
This week is 7th week Baba is dropping.
Next week could drop again, because selling pressure is strong.
the first time stimulus, people were excited, they buy, but they are stuck.
the 2nd time, 3rd time stimulus will not work anymore.
So Baba can only play inside the range.
For those who want to trade, can buy 60 to 75.
above 90 can sell.
I am 102702622 SKYWalkers OP : I think $120+ first followed by $60
SKYWalkers OP I am 102702622 : do u have BABA stock?
Money Thrill SKYWalkers OP : Don't wait for Trump, do your own business en measures, there is a need for action now !!!
SKYWalkers OP Money Thrill : huh?