Prince Ali Booboo
After the sellers dry up BABA should rub out a nice rally
China is easing monetary policy
Price supported at the 0.768 fib retracement and the MACD is curling up
Look for a higher high on the MACD, another dip in price, and a breakout of the down trend
China is easing monetary policy
Price supported at the 0.768 fib retracement and the MACD is curling up
Look for a higher high on the MACD, another dip in price, and a breakout of the down trend
Nota
alibooboo is coming
Nota
Aliababa trades now at $105, a blended P/E: 12.08x
Normally, it trades at 25.46x, which is around $225 as of now.
source: FastGraphs
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