Long Alibaba
the only way is up. The volumes are good, trade war might be resolved soon, FED might cut the RATE by 0.25 points more. And the earnings are fast approaching. before earnings the TP is around 185 the way its rising. And if the earnings are really good then I expect it to reach 210-220 range. GL
Trade active
Tp1 around 185 hit. Tp2 around 195 is still runningNote
targets reached. another tp hit at 210. and the orders are closed now. even though alibaba has gone up further at 230, i think its reaching the price at which it is extremely overboughtTrade closed: target reached
Closing the trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.