Buy BABA Because It's in the 165-175 Support Zone.
Updated
As you can see in the chart, BABA has seen aggressive buying whenever it reaches the 165-175 support zone.
Trade Idea: Place a stop just below 165, and a profit exit near the 190-195 zone.
I blog on all weekdays here: bigfryfinancialmarkets.com
Good luck trading, and please follow me or check out my blog if you like my trading ideas.
Trade Idea: Place a stop just below 165, and a profit exit near the 190-195 zone.
I blog on all weekdays here: bigfryfinancialmarkets.com
Good luck trading, and please follow me or check out my blog if you like my trading ideas.
Note
Price action looking good, we could see a bounce to close this week off.
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