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Alibaba (BABA) Stock Analysis: Buy The Dip? [Video]

Since recently making new all time highs, Alibaba (BABA) has dropped 18% TO $260. There’s been a lot of pressure on the stock’s price since ANT IPO was suspended and the Chinese government was announced to supposedly crackdown on big tech. But is this all smoke in mirrors? Alibaba recently posted 30% y/oy growth, which is impressive to say the least. The company beat analyst consensus on all revenue fronts and has managed to grow its user base post-Covid. Is this stock a buy on dip opportunity or should it be passed up?——————————————————————————————–Open a Webull account and receive two FREE stocks:…Create a FREE TradingView account to monitor your portfolio positions:…——————————————————————————————–Follow me on Twitter to get real-time trade ideas and updates: the Financial Movers website: https://www.financialmovers.comLike me on Facebook to show your support:…Follow me on Instagram to see financial posts and ideas:…——————————————————————————————–Thank you to the Alibaba website for the photo of Daniel Zhang: