TradingView
SimplyShowMeTheMoney
Sep 21, 2022 5:44 PM

$BABA 2nd entry 👁‍🗨 Long

NYSE:BABA1W
Alibaba Group Holding LimitedNYSE

Description

⋅
*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management

1st Entry: $90
2nd Entry: $82.5
Take profit: $180

If you want to see more, please like and follow us @SimplyShowMeTheMoney

Comment

⋅
Decreasing our position by 50% at $79.17.

Comment

⋅
Increasing position by 50% at $73.70!

Comment

⋅
Decreasing position by 50% at $77.69! We are doing this to bring our average down because we believe that more red will follow. Stay tuned!

Comment

⋅
Increasing position by 50% at 65.5! If you've been paying attention, we have been lowering our average gradually overtime by selling the dips and decreasing our position during the brief rips. Our new average right now is $77.5.
Harmonic PatternsChart PatternsFundamental AnalysischinachineseBABAalibabaNIOBTCBitcoin (Cryptocurrency)Bullish Patterns
Comments
ezwass
⋅
Selling everything here? @SimplyShowMeTheMoney
SimplyShowMeTheMoney
⋅
@ezwass Monday we will most likely sell. We've made a lot of money with this play and are excited! Thanks for commenting!
ezwass
⋅
@SimplyShowMeTheMoney Are you looking to sell any here?
SimplyShowMeTheMoney
⋅
@ezwass, Not yet. $120 would be an ideal target to sell some off. Thanks for commenting!
naorz
⋅
Wrong?
SimplyShowMeTheMoney
⋅
@naorz no. long entry
sandboxgrowth
⋅
180 TP sounds very optimistic! long term (3y+) play for sure.
Motrades
⋅
With all respect, BaBa going to $60, buy there and sell at $120 rally
naorz
⋅
Why do you think she will go up?
SimplyShowMeTheMoney
⋅
@naorz Years of experience. Thats all it is. Also China is working to stimulate their economic growth. Money will flow to BABA once again before the end of the year for sure.
More