Not recommending to short this. But i will definitely open buy orders at this range if we go down there for real. Im not a fan of the alibaba shop as it pretty much sucks in comparison to amazon´s website. But in case alibaba makes some changes anytime soon, for example some options to filter searches etc, this may be a good longterm entry.
Note
The idea is basically to "bet" on that there will be a longterm channel building up (Chart is rather new, so its new lands)
Buy zone for me is from 148-170USD and to hold it longterm
(or atleast a nice Swingtrade over some months)
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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.