Alibaba Stock 2 Simple Reasons Worst is behind | BABA making major moves ahead of earnings

Chinese e-commerce giant Alibaba Group (NYSE: BABA) Alibaba has been making major moves ahead of its earnings. Chinese Tech Giant is trying to step up their game to compete with a plethora of new and promising Tech firm utilizing benefits of AI getting an upper hand.
Nothing Happens By Chance Before Earnings.
As Wall Street embarks on the first full week of February, a large number of companies are set to release their earnings reports, providing a crucial glimpse into their financial standing and future outlook.
Alibaba (BABA) is set to unveil its quarterly update on Wednesday, with the results coming out as its shares have experienced a 35% decline over the past year.
The company's recent decision to abandon the cloud business spinoff may not immediately please short-term investors seeking catalysts, but it aligns with a positive stance from long-term investors, anticipating robust earnings growth in the coming decade
China is suffering from "weak" consumer confidence and "soft" hiring that are making growth "challenging" -- even for internet stocks that are supposed to be in perpetual growth mode.

And yet China remains the world's biggest market for internet services of the kind Alibaba supplies.

We will be going over what is in store ahead in terms of Price action and Stock Price Prediction and some Trading Hints Technical Analysis.

PS: This is NOT a Financial Advice. Purely Technical Analysis based on Charts.

#alibaba #baba #stocks #stockstobuy #stockstowatch