BABA $280 Price Target Long

Alibaba Group Holding LimitedNYSE

Description

⋅ Aug 2, 2020 7:43 AM

Alibaba, opportunity to buy significantly under its fair value, also has upcoming earnings. I could see it reaching $400 by the end of 2020 as they continue to benefit from e-commerce and their growing presence in cloud computing.

Trend Analysis

Comments

Jasonduke

⋅ Aug 3, 2020 3:52 PM

Hi, thanks for the analysis. Given today's breakout, where do you think a good entry might be?