BABA - BULLISH SCENARIO
China stocks are entering an exciting earning season combined with the upcoming major holidays. 
BABA testing the 70s range and bouncing of March 22 lows. The political pressure, production shortages, and raise of materials have been dragging BABA lower and lower. Optimistically recovering to the 110-130 range in the next 6 months is a very likely scenario, considering that range is still much undervalued.
BABA testing the 70s range and bouncing of March 22 lows. The political pressure, production shortages, and raise of materials have been dragging BABA lower and lower. Optimistically recovering to the 110-130 range in the next 6 months is a very likely scenario, considering that range is still much undervalued.
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