Is Alibaba Stock A Good Buy For 2020 | Alibaba (BABA) Stock Analysis | BULL RUN COMING?

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In this video I will be talking about is Alibaba stock a good buy for 2020 and do an Alibaba (BABA) stock analysis to determine if a bull run is coming!

#alibabastock
#isalibabaagoodstocktobuyfor2020
#alibabastockanalysis

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Alibaba has become one of the fastest growing companies for the last 5 years with consistent and growing revenue/profits. They are one of the most financially stable businesses I have ever seen which makes it a very good investment for the future in my opinion. However this video is about is it a good time to buy Alibaba (BABA) stock for 2020, to determine this we need to look at the current price action.

In the short term, we are definitely in a ranging market however long term looks fairly bullish and will become a confirmed bull run once price breaks and closes above all time highs of $220 per share. We are sitting at about $207 per share now and will most likely continue to stay in the range of $200-$220 per share until a break above or below comes along.

Looking at the next 5-10 years, I could easily see BABA stock consistently growing year after year especially if the stock market and global economy continue to recover.

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In this video I discuss:
#babastockanalysis
#babastock
#isbabastockagoodbuy
#isalibabaagoodinvestment
#isalibabastockabuy
#isalibabaagoodstocktobuyfor2020
#alibaba
#bullrun








*I am by no means providing financial advice in this video or any of my videos. I am however sharing my experiences and knowledge on a number of online business and financial topics*
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