coldsteel_trading

Bullish signals for Alibaba (BABA)

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
Fundamental analysis
1. The stock is fundamentally very cheap (relatively innocent negative news)
2. Analyst consensus target price: 330 (39% upside potential)
3. Growth score of 99 (1-100) (Stockrover)
4. In 2030, 40% of sales will go through internet retail

Technical analysis
1. Positive Trend
2. Volume is growing
3. Short-term positive MACD rate
4. Already seeking Support of the MA-10
5. Short term target: 260
6. Long term target / Target 2021: 350
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