Alibaba - don't miss this train!
Technicals
Fundamentals
Risks
- There has been no divergence with RSI and the OBV and trade price. They are steadily growing. ----> BULL
- DI+>DI- (positive directional index just crossed above the negative) ---> BULL
- MACD>MACsignal (MACD just crossed above the signal) -----> BULL
Fundamentals
- Alibaba reported earnings yesterday (Aug15th) continued positive non-GAAP earnings of $1.84 per share, 45.98% above the same quarter a year ago, beating the mean consensus estimate of $1.51.
- All analyst price target values are above $200 (17% above current price @$170)
Risks
- JD.com who is a competitor, is doing great.
- Trade war between China & USA.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.