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Anonymous

30 Dec 2020

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Why the Alibaba starting to look oversold?

The BABA stock traded flat after a 13% skid in two sessions.

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Yu Qi Tan

30 Dec 2020

Student Ambassador 21/22 at Seedly

It may or may not look oversold because there are many uncertainties here such as whether there will be further regulation and whether there will be implications on the growth of alibaba.

It really depends and there is quite a lot of uncertainty now, which reflects in volatility of the stock price.

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