$Alibaba (BABA.US)$$BABA-W (09988.HK)$$Hang Seng Index (8000...
$Alibaba (BABA.US)$ $BABA-W (09988.HK)$ $Hang Seng Index (800000.HK)$ Others fear while I am greedy, I seize opportunities that others abandon, firmly hold and continue to add positions in Baba. The reason for buying Baba during the uptrend from April 19 to May 20 remains unchanged and new bullish factors have emerged: Baba's stock value is severely undervalued, refocusing on core business, positive fundamentals, positive medium to long-term technical trends (50-day moving average crossed above the 200-day moving average on June 18 forming a golden cross), stock price returning to the previous low range, rapid growth in cloud business, bolstered by big data models AI concept, convertible bonds issued in May are bullish, incremental funds will flow in with Baba's dual listing in Hong Kong in August and joining the Hong Kong Stock Connect in September, the aforementioned bullish factors have not been reflected in Baba's stock price yet, short-term suppression by institutions, if the Hang Seng Index can strengthen in the future, Baba will definitely rebound from the bottom!
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股勇者 : kidding