StockPickingEnthusiast

When This Sentiment Shifts Whoa Boy She Will Go Parabolic Higher

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
(This level brings us back to 2018 Highs)

Valuation is extremely compelling.

Eventually rotation into the only place where valuation is compelling will be the only place to be.

Second half of 2021 this will break-out.

We are sitting directly at the 200week Moving Average (200.10)

Trade active:
Plenty of open gaps above.

EEM poised to regain it's ascending channel above with a nice gap up.

That would bring BABA back up into it's channel and above $210 likely.

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