UnknownUnicorn16739272

$BABA Hard to hate technically.

NYSE:BABA   Alibaba Group Holdings Ltd.
$BABA Looks amazingly cheap. Today it back filled the gap up it had recently. Politically it is easy to hate since the idea of China delisting them is mind blowing. Not even sure how you would be able to get your shares sold? Maybe it would just be like having an ownership stake in a private company? Either way, I would not want the hassle. However, these times when all the negatives are being brought out are (more often than not) a good time to accumulate shares if you believe in the company. I will still possibly wait until September unless it starts looking better.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.