Baba's Babies: They're All Grown Up!: Alibaba Health (241 HK) Temperature's Rising!

1.4k Views31 May 2024 19:41
Ali Health is a beneficiary of the growing online healthcare industry in China. Through its synergistic relationship with parent Alibaba the company is enjoying increased revenue and profitability.
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Boomeranged on Fri, 27 Jun 2025 11:16
AliHealth is up 10% today on substantial volume (4x 20 day average). The stock price has broken above significant resistance at $5.04 (200 week moving average). RSI and MACD indicate that the uptrend in tact.The integration of the companies platform with Alibaba's AI capabilities (AI+Healthcare) is proceeding quickly. The company is also beginning to realize synergies with Taobao Instashopping.
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