$BABA TOP 10 & TOP 20
Added 2025-05-18 18:32:02 +0000 UTCAnother week holding above the blue support line at $121, we want to see this continue and like I said in the last upload, we expect a Golden Cross between the 50 and 200 WMA this week too.
ER this week was not clean with slight misses on EPS and Revenue and a mark on the FCF but this was due to Cloud infrastructure growth which is always a positive expenditure.
In spite of the double slight miss, $BABA is still relatively cheap compared to its US Tech counterparts and in a more stable market right now in China I believe.
Margins and growth from their Cloud segment is still very impressive and the third largest Cloud service in the world now and the cheapest....I expect this to continue.
