Alibaba Group Holdings Ltd.
Long
Updated

BABA Long

832
Monthly Support
This is for short term within next 30 days only. Long term is down trend.

Entry 118
Stop 108
Target 140, 170

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active
Buy call butterfly 2022 Feb C140/160/180
Limit 1.52
Stop 108
Trade closed manually
close 2.33, small winner

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