Alibaba: Super Bullish Chart Momentum, Crossed With Bargain Valuation
BABABABA(BABA) Seeking Alpha·2024-07-22 13:30

akinbostanci I know it's fashionable to bash China this election season. I know doubts about China's economy are everywhere. I know fears of a Chinese invasion of Taiwan are growing. I also fully understand a stock market correction is getting overdue globally. However, if you can ignore the noise and simply look at the supply/demand data, Alibaba Group Holding ADR (NYSE:BABA) (OTCPK:BABAF) could be set for a nice upmove in price the rest of 2024 and during 2025. That's what the charts are saying to me, any ...