Saturday, May 04, 2019 5:52:17 PM
BABA has staged a massive comeback from the December lows after a change in sentiment towards the Chinese Giants. This will only persevere if Trade Talks remain amicable, any sign of hostility between both sides and BABA will be one of the stocks to be hardest hit. Having consolidated for the month of April the stock has now broken out of the channel and with limited resistance above, a new ATH is within sight, with earnings the possible fuel to get it there.
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