#BABA
FA: Steady increase of revenue, net income, EPS, Free Cash Flow, Healthy net margin%, ROE, Interest coverage
FA: Steady increase of revenue, net income, EPS, Free Cash Flow, Healthy net margin%, ROE, Interest coverage
#BABA For TA, definitely price has fallen a lot from it's previous high. It also broken MA20/50/100, now heading towards MA200.
It has also in a "BIG DISCOUNT" from its previous high
Depending on your investment strategy, you might have or still waiting for entry, if you have conviction on BABA
Of course, other things to take note of:
- RSI is at low range, selling might still continue until it is 'oversold'
- MA20 crossing MA50 to point down, signalling a potential beginning of downtrend movement
It has also in a "BIG DISCOUNT" from its previous high
Depending on your investment strategy, you might have or still waiting for entry, if you have conviction on BABA
Of course, other things to take note of:
- RSI is at low range, selling might still continue until it is 'oversold'
- MA20 crossing MA50 to point down, signalling a potential beginning of downtrend movement