$Alibaba(BABA)$ It’s wild, right? Alibaba continues to play the lead in the market downturn, just as expected. But seeing it drop more than $JD.com(JD)$ , especially after JD’s own “black swan” moment, is kind of mind-blowing. I didn’t think it would underperform like this.
Honestly, it does feel like Alibaba might be heading for a similar correction to what we saw in June. If it slides another 5%, I’m thinking that could be the perfect window to start getting in slowly, bit by bit. It’s all about timing those dips, right? As long as the fundamentals hold, buying during these corrections could pay off in the long run. Sometimes, it’s just about staying patient and taking advantage of these deeper pullbacks.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments