$BABA TOP 10 & TOP 20
Added 2025-05-15 10:36:45 +0000 UTCER is just out and all round very positive with no guidance concerns and some strong growth, particularly from the Cloud Group and Overall Net income.
There was a hit to their FCF and this was due to their Cloud infrastructure expansion.....if there is a hit to FCF, you always want to see it used to expand, this is what $AMZN has been renowned for and it has helped them expand to the powerhouse it is now.
Price is down -5% in the PM now but we can see it is just a retest of the 50 Day MA from above at $126 exactly.
A retest of the blue support line can not be ruled out but there is not enough in that report for me to see the blue line lost or to change this structure.
I was keen to see their guidance for FY 2025 and there were no concerns and reiterated that they are on track to hit projections.
Onwards.
Comments
I'm of the ones that sold too early and took a little bit of a profit.. Would you recommend me going back at this price around $126 and start a position
djordje pavlovic
2025-05-15 21:19:40 +0000 UTC
