$Alibaba(BABA)$ have the good days arrived for baba ? The answer is probably yes,despite being a gaint in its domain the stock was beaten badly from the time Ma went missing news and ever since has lost quite a bit ofits market share leaving share holders in disappointment. With the latest news of Ma back toBeijing, deciding to split the company into 6 different businesses has already triggered hope in investors.
For past couple of weeks the market seem to be in a bull run, will it continue or not only time can tell but proposed layoffs in big techs like $Meta Platforms, Inc.(META)$ ,$Amazon.com(AMZN)$ have already spurred new blood in the market. This momentum would certainly help baba. Investors have been making cautious sell outs and eagerly waiting for some happening in this stock. This news would definitely trigger a rally for next few coming weeks with a target potential to 20 points upside.
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