Now the U.S. House of Representatives has unanimously approved legislation that would allow for the delisting of Chinese companies unless they meet audit standards in the United States!
The legislation passed the Senate and will next go to the desk of President Trump, who is widely expected to sign it into law.
I assume that Fear, Uncertainty and Doubt will affect the Chinese stocks in the near future.
The indicators are , btw, as you can see in the chart!
Now i think Baba is in a nice accumulation area.
Of course in time has the potential for higher highs, but for now, for the day traders, Alibaba seems .
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