"BABA" accumilate for value Investing

9988 - BABA

1. Divergence in the CMF Indicator. - Bullish signal
2. Ice Cream Bullish outside BB - Bullish signal and reversal pattern.
3. Last trading day volume more than the average
4. Intrinsic value using Benjamin Grham formula (EPS*(7+g)*4.4/Y, where EPS, g, Y is 8.5,10%, 2.07%
is $305.
Note: I was very conservative in IV calculation I used a growth rate of 10% while it is expected to be 21 for the next 5Y