TradingView
jadotscott
Jan 8, 2018 3:48 PM

BABA - Break Out 

Alibaba Group Holding LimitedNYSE

Description

Entered at the end of November at $187.75
Held through the drop in December.
Initial Target set near previous all time high $191.80
Will watch for a break out above 192.00 and will hold the break out while outside Bollinger bands.
If price drops I will exit at $189.00 for small profit and wait to re-enter at bottom of channel or after a break out.

Comment

Flag Patter Forming - Still waiting for the bullish breakout

Comment

Making new ATHs. Will probably miss this trade because i'm in others but the breakout may finally be here. Look for a possible dip buy later on
More