Brief glance on historical deep drawdowns and recovery timelines to ATH from BABA. Recovery time is generally slower and took 1.5 to 2 times more than going down.
Conclusion: Don't be in hurry to buy the dip. There will be enough time for recovery. Wait for better confirmations.
Conclusion: Don't be in hurry to buy the dip. There will be enough time for recovery. Wait for better confirmations.
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