Alibaba is a leader in eCommerce in the People's Republic of China (China's Amazon). The growth there is two fold, eCommerce much as it is in the United States is a bullish and growing trend, but China also has a growing middle class with rising discretionary income. As a result, Alibaba is experiencing growth not many companies ever see and they are sustaining it. They are becoming players in many different industries as well, including mobile electronic payments and cloud computing. The stock recently broke out from a period of consolidation on above average volume. Watch for the trend to continue higher, but exit the position if the stock closes below its breakout line. Updates to come...
ノート
Hit support today after earnings missed. Watching closely...
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これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。