If you did not take the January 17th post serious when BABA was 84 dollars, you have to be brave enough to pull the trigger after a 75% move in 2 months. But most people will sit and wait for a big correction to get involved while they don’t think in the past 4 weeks when market was correcting, BABA stayed flat and as soon as selling pressure decreased, BABA break above the resi.
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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.