BABA – Alibaba stock is down big since china’s crackdown policy. The Chinese stocks are in trouble for the short term but it could be a long-term opportunity for the investors. Alibaba is the Amazon of China and in fact, Amazon operates from individual sellers, which most of the Amazon sellers use Alibaba.
Wallstreetbets discussions and other retail communities have more talks about Alibaba this week. This could mean some hype is building around the stock and could be setting up for a big move in the coming week of August 30, 2021.