Alibaba - don't miss this train!

133
Technicals
  • 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.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.