ALIBABA LONG

٢٢ مايو ٢٠٢٠

Alibaba sold off for no reason today after good earnings beat and positive forward-looking expectations. Today it was being hurt by trade tensions between the U.S and China. This pullback represents a great opportunity to get into this growth tech giant. The pullback will be only short term (1-3 days). Currently at a major support level of fib retracement.