This company had to take some blows, especially recently. It has become clear how strongly the company is influenced by the government. As a result, the Ant Group's IPO has also been postponed to a distant future. In addition, the 2.8 billion fine should not be forgotten. Nevertheless, I am convinced that Alibaba has a bright future ahead of it. Especially considering that the company still has a lot of catching up to do in the American and European markets in terms of customers and sales. For investors who have a long horizon, soon could be a good one for the next 3 years +. For now, however, this stock gets a SELL rating from me, as the market is reacting in a generally choppy manner and there is no reason, even from a technical perspective, for the stock to rise in the coming days. I would wait for a price between 200 and 180 and then buy a first load of shares.