BABA has broken out of the wedge pattern and has begun to accumulate.
We think BABA will break out on earnings and test the 270 price target.
We believe BABA will retest 320 by mid or late March given favorable market conditions. The following reasons include:
1) Strong Pandemic recovery
2) China is set to outgrow the United States in 5 years instead of 10...
We are hyper bullish on TSLA for the rest of the year.
Some pointers:
After failing to meet EPS numbers, we remain confident that TSLAs growth has only begun.
Listening in on their earnings call, we are happy to hear that their growth will materially grow by more than 50% for many years to come.
With PiperSandler coming out with a $1200 PT yesterday and ARK...
