$Alibaba (BABA.US)$ Alibaba business is mainly e-commerce an...
$Alibaba (BABA.US)$ Alibaba business is mainly e-commerce and the cloud business and mainly focused in China, South East Asia, Latin America and Europe. Alibaba has zero assets in the US and their only business in US is Ali-Express with less than 2% revenue. Ali Express don’t have any offices in US. Not impacted by the tariff. So there is no need to panic. Next Mon i forsee further sell down to 145-150 support level.
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The fear of the Lord is the beginning of wisdom ~ Proverbs 9:10
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Limmocello ♪ : sound logic. when can it rise above 170 again?
SharkStrike OP Limmocello ♪ : I believe by Weds / Thurs it should rise back to 170
Limmocello ♪ SharkStrike OP : they gotta talk hopefully ok