Alibaba has just reached a new all-time high. The stock gained another 2.5 % on Monday. Now the stock will not face anymore resistances on its way up. Therefore, the stock should keep increasing.
Thus, the stock has perfect opportunities to climb up to 200 Euro. Chart analysts see a strong support at 150 Euro if the stock should fall. The risk is appropriately small.
Technical analysts regard the stock as one of good condition. The stock is 10 % ahead of the 200 day line. This clear buy indicator provides security and all trend signals are pointing up.
Aktuelle Video-Analyse von Alibaba: