$BABA ** TOP 10 LIST FOR 2025 **
Added 2024-12-31 11:25:01 +0000 UTC$BABA may not be for everyone but in terms of technicals and fundamentals, it is a perfect addition to out Top 10 list for 2025.
This is the weekly chart here, so we can see that we are still below the 200 WMA
We are in the Buy Zone between $71 - 87
$BABA has not been following the US Mega Caps to new ATH's this year
Fundamentals are already where we want the US Mega Caps to be when they complete their own correction
The 1.618 Fib is at $164 for 2025
Fair Value is above $140
HSI remains in a strong set up
China have started their growth and stimulus plans
$BABA is undervalued across all metrics.
Dividend payment
Price can still move lower but it is simply another opportunity to add
Risk v Reward favours the Reward side greatly here.
Worst case scenario for $BABA is that it consolidates sideways for 2025, not ideal but it would also mean not losing at least -50% as this is what we expect from a US market correction.
I have a position, I am just slightly green on it and I will continue to hold for 2025.
Comments
Any thought on the timeframe? Since you seem to be holding SPY still
Ye Gu
2025-01-11 19:54:22 +0000 UTCIndeed it is
Gareth Neary
2025-01-11 19:43:20 +0000 UTCYou really think that SPY will go down -50%? That's not a correction, that's a major crash
Ye Gu
2025-01-11 19:38:38 +0000 UTC
