Trader_Joe_Lee

BABA weekly demand zone pullback long

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
About one month before the annual 11/11 event.
Trying to establish some BABA long position is never a bad idea,
here we got this weekly demand zone long set-up.
Approximately 10% risk trade, kinda a standard risk for investment.

Let's see how it goes yo!

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.