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RalphPB

Long- 9988/BABA

Long
Alibaba Group Holdings Ltd. (NYSE:BABA)  
RalphPB Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Technical Indicators Fundamental Analysis
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trendanalysis indicator fundamental
Key reasons:
1. Support (channel)
2. RSI: Oversold

Buy at ~HK$206
First resistance: from ~HK$345 to HK$360
FY20 PE: ~24x

Comment:
Buy at ~US$206
First resistance: from ~US$345 to US$360
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