BABA has a high probability of bouncing from here
It's hard to find a company like 9988/BABA. Impressive track record of growth. The company has a five-year annualized earnings growth rate of 29% and a sales growth rate of 47%.
According to DATAROMA.COM there has been huge purchases of the stock by superinvestors in the last Q.
Fantastic opportunity to go long with a low risk, since you can put you stop loss just below the trend line.
Position
5 @ 227$
10 @ 206$
=
15 @ 213$
According to DATAROMA.COM there has been huge purchases of the stock by superinvestors in the last Q.
Fantastic opportunity to go long with a low risk, since you can put you stop loss just below the trend line.
Position
5 @ 227$
10 @ 206$
=
15 @ 213$
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