Fundamental Analysis:
Alibaba sees China retail volume growing near pre-pandemic levels but stock falls amid U.S.-China tensions
Technical Analysis:
Option A - 45% - Prices Will follow the bullish Market -upward trendline
Option B - 45% - Prices Will find the next support before jumping up again below the upward trendline
Option C - 10% - Target Price 180.00 usd - If Tension between USA and china will keep growing
The Idea is to wait the right time before going long.
Alibaba sees China retail volume growing near pre-pandemic levels but stock falls amid U.S.-China tensions
Technical Analysis:
Option A - 45% - Prices Will follow the bullish Market -upward trendline
Option B - 45% - Prices Will find the next support before jumping up again below the upward trendline
Option C - 10% - Target Price 180.00 usd - If Tension between USA and china will keep growing
The Idea is to wait the right time before going long.
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