Replies to post #5948 on Alibaba Group Holding Ltd (BABA)

[DiscoverGold]

Sonnyusa,

I do like BABA at the current prices. Year end price will depend on what the market does from September-November.
I do expect September to be a temporary high with a decline to follow until November and then resume the upside. That is the game plan.

From the fundamental perspective, BABA is a great company and will do well in the long term.

From Technical Analysis perspective, there is a gap we to be closed at bellow ~200 from June 2018, which sooner or later will fill that.

Best of luck with your investments.

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