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AfuOptions
Sep 11, 2020 4:28 AM

Critical Support - BABA LONG Long

Alibaba Group Holding LimitedNYSE

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BABA is sitting at critical support.

I believe we have just finished the overall market correction and now there will be some pretty high volatility. I suspect bullish movements for the next 2-3 weeks before another potential correction or consolidation. If it does not bounce up tomorrow and falls below 267.20ish, then look to short or buy lower.

Overall, BABA is a great long term investment.

BABA PT for 9/25: $300
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