TradingView
HexVex
Mar 19, 2015 9:13 PM

Baba breakout and close above resistance now support Long

Alibaba Group Holding LimitedNYSE

Description

Baba closed above a triangle type consolidation after all time lows. Hopefully we are going to break above that cloud and begin making a nice range between this new low and previous high.

Open 3 positions for the two main targets with an additional position for continuation. Move stops to protect positions once price has cleared them.

Good Luck!
Comments
HexVex
Looking heavy while other trades posted at the same time are faring much better so exiting this one to limit risk.
More