Ali Baba is being under intensive sale. Almost 2 years of downtrend has pulled the prices to demand level.
At this point the current prices will attract capital from a wave of the long-term investors, which will result in market reversal, especially for this size of a company.
For now expecting a pullback as a reaction to 72% decline.
The more it falls, the move powerful will be a movement to opposite direction.
At this point the current prices will attract capital from a wave of the long-term investors, which will result in market reversal, especially for this size of a company.
For now expecting a pullback as a reaction to 72% decline.
The more it falls, the move powerful will be a movement to opposite direction.
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