Bearish for short term due to panic oversold situation and news mentioned that Jack Ma family funds also sold quite significant amount of shares.
Long term, it still good fundamental company and potentially to general higher profits from the recovery of China economics
Best time to accumulate the shares [Miser] [Miser]
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.
