I’ll be just doing a quick update into the latest update on Baba, so this won’t be a long post. Long time readers know that I’ve been a long admirer on Alibaba stocks, having a vested position myself together with its closest rival, JD Inc. But the stock was still making lower lows so while they are already cheap by its own valuation, it can get cheaper. On 26th Jun 2021, I alerted in my Facebook page that the company had a breakout of its 7-months long triangle engulfing consolidation since it last hits the peak back in Nov 2020. The shares went up 4.6% on that day and this was not a coincidence. I also mentioned that with such a breakout after a long hiatus, we are likely to see the price action testing back the $220 mark. For the next couple of days, we see Baba shares retreating back slightly, right where it closed last night at $221.87....