Honestly, I’m hoping we don’t need to test that bottom. lol. The valuation is stellar. Buy backs from the company and Chinese government are huge. It’s only a matter of time. Chinese behemoths like Baba, Bidu, and Tencent are all showing signs of stabilization. Looking for $100 to $150 in 2024 on Baba.
@kevinbartley81, I don't think we're going to test the bottom. I think we're getting ready to break out of this bottoming pattern. Volume is falling off big time, and today's price action was pretty good off of a higher low.
Looking for a break out next week or the one after, first target around $82.
Hazel360
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@Livinontheflipside the shareprice is so dead… doubt we will see above $80 anytime soon…