In his role as Chairman of Alibaba, Joe Tsai expressed a strong commitment to change, acknowledged past mistakes, and emphasized prioritizing user experience above all else. He clarified that the true customers are the users, not the merchants, placing users in the highest regard.
From a monthly chart perspective, the time left for the bears is running out. Here’s some good news: the company mentioned a while ago that it might be included in the Stock Connect in August. Funds need to be strategically positioned in advance. With a six-monthly bottom consolidation pattern, the bears can still stir things up a bit, but it’s expected to surpass 100 before the end of the year.
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