Finally got the result of the anti-monopoly probe. $2.8 billion is a big number. 4% of its whole year sale in 2019. But bad news is good for BABA. For me, it's an ending of phase 1. Things might be bad for other Chinese tech companies as they may be next targets.
From the chart, I suggest buying at the pullback, say 226.
From the chart, I suggest buying at the pullback, say 226.
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plan your trade and trade your plan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.