OK.
This can be another
BABA Trade. Has all the signs for it.
The smartest move here is to take the trade - non directional bias. Follow how I constructedBABA
IVP is 30%, but the HVP is 40% - Comparing them both, we can expect both to converge. That would mean, Either it consolidates for 1 full month (like the GDX trades I posted) or it moves like BABA.
Many ways to trade this scenario, You can choose one and try to manage the trade.
This can be another
BABA Trade. Has all the signs for it. The smartest move here is to take the trade - non directional bias. Follow how I constructed
BABA IVP is 30%, but the HVP is 40% - Comparing them both, we can expect both to converge. That would mean, Either it consolidates for 1 full month (like the GDX trades I posted) or it moves like BABA.
Many ways to trade this scenario, You can choose one and try to manage the trade.
Uday C Santhakumar
Related publications
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.
Uday C Santhakumar
Related publications
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.