Shift has come - from this moment on, BABA will start it's rise (my prognosis).
The reason for this assumption is the very positive PE ratio, which was not hurt by the price fall.
BABA seems very healthy financially, as if it was buying out own stocks during the fall.
So my guess is that those who will still the opportunity to get the stocks for 130$, will catch the last train upwards.
I personally doubt that it will really reach the 130$ already, but since there is there are still 2 days till the weekend, it may have enough time to bounce.
The reason for this assumption is the very positive PE ratio, which was not hurt by the price fall.
BABA seems very healthy financially, as if it was buying out own stocks during the fall.
So my guess is that those who will still the opportunity to get the stocks for 130$, will catch the last train upwards.
I personally doubt that it will really reach the 130$ already, but since there is there are still 2 days till the weekend, it may have enough time to bounce.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.