NCF_Financials

Quality Swing Trade Set Up with Alibaba

Long
BATS:BABA   Alibaba Group Holdings Ltd.
The company is currently valued at around $190B and is currently trading below value compared to what the company has on its balance sheet (1.75M in Total Assets compared to only 630K in Total Liabilities).

Double bottom price pattern could potentially send the stock back up to the $167 price range (from a long-term perspective).
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