BABAPossible Scenario: LONG
Evidence: Price Action, Money-Flow, Reversal candlestick with high volume rejection
TP defined on the chart.
Call options 09/17/2021 Strike 220$
*This is my idea and could be wrong 100%, not a BUY/SELL/HOLD signal.
Note
what is happening to Chinese Equities is funny, I don't get it. but BABA is an undervalued company
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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.