BABA has been in a downtrend all year 2021. while this has being disappointing to investors, its also the one in 4 years opportunity to buy into this Chinese retail leader at these prices.I mean 140 $ -160 is your buy zone. it will never be this cheap for a long time.
HARD SUPPORT is at I40$ and that represents the new foundation for this moon shoot. This is a long term play so allocate capital judiciously.
TAKE PROFIT zones should be about 210-220 and 260- 280.
GOODLUCK!!
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