jadotscott

BABA - Break Out

jadotscott Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
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
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