Alibaba company is one of my favorites on options trading account. And pretty sure there will be only #amazon and #alibaba as the biggest competitors on consumer sale platforms. It might be a bargain if it comes back and test the brekout area. Of course it is important how it comes back. I'll be updating this topic accordingly
Trade active
Alibaba correction confirmedLevels ill be looking for calls:
-192 usd
-180 usd
Trade active
I am more cautious than before for ALIBABA now, but still considering this correction as a long opportunity, This time being late is better than being wrong, that's why i will be more conservative about it
I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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.
I believe trading is a dynamic organism, and dont folow static plans. So i try to measure momentum and trade level by level. My trading setups are trad-able only in my style. I do not advise you to follow my trades, but only see a different perspective
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.