Next target $300
Today we've seen a fakeout of the ascending triangle formed since Jan 14, but IMO we have the fundamentals to break the triangle and reach this target where, by the way, there is a confluence with the 1.618 at $301.8.
I am more and more certain that BABA will reach $350 this year.
Don't forget that our opinions could be biased by our experiences and feelings. Manage properly your risk. Not a financial advice.
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I am more and more certain that BABA will reach $350 this year.
Don't forget that our opinions could be biased by our experiences and feelings. Manage properly your risk. Not a financial advice.
Please like and subscribe for more ideas.
Note
We can continue lengthening the triangle. (02/18/2021)Trade closed: stop reached
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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.