BABA recently a series of bad news that make the share price of ALIBABA drastically.
From technical point of view, the share price drop & tested the lows of 6/2020 and in $213 area shows a significant level of support for trnedline and S&D traders. After 2 weeks of consolidation in the demand area, today i started showing buyer power to push the price. My view is to long BABA and take the swing to wait the share price back to previous high.