BABA Return Rate
BABA Diamond Holder$BABA-W(09988.HK)Alibaba will be reporting its earnings soon . I am definitely feeling a bit anxious watching it.
I am expecting a mixed set of results:
• Revenue: should meet or slightly beat expectations
• Profit: likely weak, but already priced in
• Guidance: cautiously optimistic
With that in mind, I think the market reaction could be choppy . I expect sideways with some short-term volatility rather than a clear breakout.
I am holding onto my Alibaba position for now. Anyone else in the same boat😁?
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