Alibaba to hit 1 trillion market cap by 2/19/21 - $369.89

2020年10月10日

BABA has been consistently staying in it's new trend channel since 3/18/20. If this trend holds up until February 2021, then BABA is poised to hit a 1 trillion dollar market cap by 2/19/21 $369.89. Already, Alibaba surpassed $1,000,000,000,000 in gross merchandise volume in fiscal 2020. And China's total annual retail sales for consumer goods is about $6,000,000,000,000. In a recent shareholder letter it said, "our next goal is to serve more than 1 billion consumers in China." According to estimates from Yahoo! Finance, BABA is forecast to increase sales by 31.1% to $95.4 billion in fiscal 2021. (credit: Aditya Raghunath)

2020年10月23日

交易進行

Buy long call

2020年10月27日

註釋

BABA is staying on it's bullish side of it's 6 month trend channel since I posted this. FYI...

2020年10月28日

註釋

Checkout my price and volume indicators:

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