Long on AliBaba

Updated
I am long on BABA; because of technical reasons as well because Berkshire Hathaway is in a long position with 300 000 shares still long.

Trade Metrics:

- Position:
1 Aug 2022
Entry $88
SL $74
TP $135

-RR:
1:3.3

-Risk % / P / $:
1.5%
137 P
-12 $

-Reward % / P / $:
4,5%
461 P
-47 $

-Confluences:
88,60 FIB on monthly
Heavy Support zone
4 months of rejection on the block
78.6% on weekly


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