Short

Alibaba: $200 Price Target

149
Remember when Alibaba slightly went right towards the $200 mark in January? Now they are having the holiday seasons again for e-commerce and it looks like for a short calling, Alibaba will re-pass a $200 price point. (Even with increasing competition from the Walmart and Flipkart merger). Currently at the $195 price point and a trailing that looks like it will turn positive, I would conservatively call this a short with very little risk.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.