kgiap123

Alibaba : Buy on DIP signal appears after first buy signal.

Long
kgiap123 Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Nicely bounce from key EMAs and Fibo ratio with good above average Volume.
Price Up, Volume Up is a nice bull run.
Stochastic oversold, +ve Force and price above last 2 high

Potential Target : 183, 194
Stop Loss : 160
Risk Reward Ratio 1:1 to 1:2
Trade active:
first target hits 194. (High 195)
Pullback to accumulate buy around 190
shift SL level below 179.
Next Target 210, 240, 260

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