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optionsswing
Jan 16, 2022 11:50 PM

$UPS $BA $DIS $BABA I OptionsSwing Watchlist Long

Alibaba Group Holding LimitedNYSE

Description

UPS 4H I UPS possible ascending triangle. Seems to be testing the bottom of the pattern we can attempt to catch the bottom on this name with a tight stock below $206.

BA 1H I The breakout we wanted above $219 happened last week. BA can hit $230 resistance this week before pulling back as earnings approach on 01/26.

DIS 2H I Strong bounce on DIS at the bottom of our channel. We've picked up unusual activity betting it could fill the gap to $155. Watching a break above 01/14's high.

BABA 1D I Jumped to a high of $138.70 last week. Retraced as the markets pulled back and it is now holding support above $130. Possible breakout on the 15M time frame.
Comments
Mendenmein-Capital
The upcoming weeks will be very interesting for Alibaba, watch out for a last push downwards.
However massive gains and prices far above the ATH await us in the next years!

arrowftw132
Do you believe BABA could hit $110?
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