After rising to new highs this year, BABA stock has retreated to $220 levels.
This may still offer a safe and good buy, with a projected 40% upside for the upcoming year. The median price target is $322 and the highest price target is $407.
Note the red button on the MACD, we may see some more downside, but it shouldn't be huge unless the market as a whole really crashes.
I may buy this stock and hold long-term. This is not financial advise, do your own research.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.