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Alibaba Q3: It Is Always Darkest Before The Dawn
BABABABA(BABA) Seeking Alpha·2024-02-15 22:08
Robert WayAlibaba Group Holding Limited (NYSE:BABA) is continuing to struggle and investors in Alibaba certainly have a difficult time and hardly anything to be optimistic about. The stock is once again close to the all-time lows set in late 2022 around $58. Data by YChartsMy last bullish article about Alibaba was published in November 2023 and since then, the stock declined another 8% in value. And while the pain for investors is continuing, I will once again renew my bullish thesis. In the following a ...