Long

$BABA Lookin Good

Updated

I missed my entry when this broke above the triangle in December and pulled back a bit before resuming the up-trend. I've been patient and waited for a pullback. We got a small one and there is a Morning Star formation then a gap up today. I'm long at $218.98 with a stop at $210.00. Target 1 is $230 and Target 2 $245... We'll see how this plays out. Ideas, not investing or trading advice.

Trade active

Note

I'm playing this with Apr 17, 2020 $215 calls

jaxdog

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.

Also on:

Disclaimer

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.