$BABA out with a 35% gain! 👁‍🗨

*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*

Recap: On 5/19/22 my team purchased shares of Chinese online and mobile commerce company Alibaba BABA at $88 per share.

Our initial take profit was $118. We sold 1/2 at $117 and the rest several minutes ago at $121 which brings our take profit average to $119 for a 35% gain!

Congrats to those of you who took this trade! We sold out but our overall consensus for BABA remains bullish! Good luck to longs!

Our Entry: $88
Take Profit Average (HIT): $119


If you want to see more, please like and follow us SimplyShowMeTheMoney
alibabaBABABeyond Technical AnalysisBullish PatternschinachineseFundamental AnalysisHarmonic PatternshongkongNIOSPDR S&P 500 ETF (SPY) Stocks

Related publications

Disclaimer