ALIBABA LONG

190
The formed a price divergence, this may indicate that price has reaching the end of the dreaded downside, and we may see new higher high with a monster move to the upside. Alibaba is a great company with predicable and consistent fundamental who has seen a steady growth over the years. This company has incredible brand awareness, there's so much to look forward to, considering the new CEO blatantly challenged Amazon, this may mean rapid expansion and growth outside of China in the coming years. It seems as if Alibaba is looking into becoming a physical goods manufacture by entering the product development space and acquiring other private label companies. This could suggest that Alibaba is perhaps creating a Alibaba basic product line. This is just speculations, non the less the new CEO seems quite ambitious regarding the future of the company, this may entails huge returns for us the investors.

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