$Alibaba(BABA)$ started a position at $98.5 will add at every $1 interval downwards till $90
Closing the position if ot hits $110
China is pumping stimulus to relive its deflationary economy. For far too long US tariffs and China own operations on its Chinese companies kept stock like Alibaba down. Fundamentals still holds firm for baba as its e-commerce, cloud and now AI are still strong. Hopefully the new CEO has good foresights and relationships with Chinese regulators.
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