ChristopherCarrollSmith

BABA in upward-sloping channel

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
Pullback to the bottom of the channel could afford a buying opportunity. This one's nice because it's a China stock, so it isn't vulnerable to the Fed rate cut decision like US stocks are. Due to the nature of its business model, it's also likely to be more resilient to trade war concerns than many other China stocks.

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