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pivotanalytics
Jul 21, 2021 1:11 PM

Alibaba going up!? 

Alibaba Group Holding LimitedNYSE

Description

Valuation is quite clear. Alibaba has been a real dog as of late. Thinking its time for the rally.
Comments
timothyquek93
I share the same sentiments. There seems to be a decent floor at 200 level that has been retested multiple times.
P/E appears to be too attractive compared to other tech comparable for it to drop further. Cant ignore its massive growth. Both technicals and fundamentals point to buy IMO.
naorz
No.
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