Reason to be Bullish on BABA
➛ Talks of Supportive Monetary Policy
➛ Falling Wedge Breakout with Golden Cross after GZ
➛ CN's Top Market Regulator unveiled fresh measures to improve Nasdaq style Tech Board
➛ Measures of New Stimulus + Reverse Repo
➛ 618 Shopping Festival, surpassed 26.3 billion yuan, vs 19.4 bln in 2023, setting a new record for large-scale promotional events
➛ Seasonality at it's Highest in June
➛ Removal of Regulatory Clampdown
➛ Development of new Open Source AI
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