BABA is cheap - below all analysts targets

2019年7月25日

Technical analysis (daily chart)

• RSI(10) 62
• OBV on steady uptrend along with the RSI
  
• CCI(10) 100
• MACD > MACDsignal
  

Fundamental analysis
BABA is a buy right now @$177. Well below analyst price average targets of $225. (Over 25%)

Fair value Morningstar note
Our fair value estimate is $240 per ADS incorporates management's full-year fiscal 2020 outlook calling for over CNY 500 billion in revenue (representing 33% growth year over year).
*Meaning... If they achieve this growth, the price target will make sense.


Good luck!
dorfmanmaster