$BABA - hold $36 or else The gap from NYSE:BABA company split news is closed and then some. Currently at lower Bollinger Bands. If $86.00 fails, things are not looking good for the bulls as $80.00 - HKEX:77 area could become a reality and could be a good area to load or DCA. Vicious sell off in Chinese stocks since last week.
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.