Why Alibaba Stock Could Rally: Golden Cross In Sight

Loading...Loading...Alibaba Group Holding Ltd – ADR BABA BABAF is on the cusp of a Golden Cross, signaling potential bullish momentum ahead.Chart: Benzinga ProDespite the stock being down 15.85% over the past year and 2.97% year-to-date, Alibaba’s core e-commerce business remains robust. The company’s significant AI capabilities and expansion in the Chinese cloud industry are noteworthy growth drivers.Alibaba Stock Nearing A Bullish Golden CrossTechnically, Alibaba’s stock is nearing a bullish Golden Cross. ...