When Alibaba went public in September 2014 it had a Price to Sales ratio of 24x versus 1.8x for Amazon.
Sales growth since...
$AMZN: +420%
$BABA: +1,030%
Total returns since...
$AMZN: +885%
$BABA: +68%
P/S Ratios today...
$BABA: 3.7x
$AMZN: 3.7x
Post: https://t.co/GOA2jyKJyz
$BABA Close to a very big monthly demand zone in 148-152 area which I think will at least generate a bounce back to 200 weekly SMA. Very oversold on all time frames so if we get a gap down on Monday to my zone I am jumping in.
Delighted to have been awarded the CII Level 4 Diploma in Regulated Financial Planning. Thanks to all who have helped me on my journey #financialadvisor#qualification
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