StockPickingEnthusiast

Highest Probability trade you'll see this week (BABA)

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
Highest probability trade you'll see this week.


(Opinion Only)
Trade attivo:
Got wrapped into everything else selling.
Earnings Thursday pre-market.
FWD P/E is now 19.74 (extreme value here)
Long-term hold.
Commento:
Updated Chart:
Commento:
Further out:
Commento:
Precarious area with earnings week and overall market sentiment turning.
I remain a steadfast bull on BABA in the muck of the rest of this market though.

Commento:
No likes on this thread yet as of 6PM CST on 5/10/21.

But let this breakout of a short-squeeze on Thursday to $265 and all hell will break loose lol
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