BABA is PRIMED here. Just a question of has it hit bottom. I would wait for break or daily candles conformation personally, but then i'd be all in here. This should break the falling wedge and hit the top of the downtrend channel. Huge plays here. This should take more of your attention than any small cap etc stocks. Make sure to set many alerts on this. Telling you this is worth big returns could see 180-200 by end of 2021. Especially holidays nearing etc.
Huge options play is never discussed. if you're super bullish on BABA, with IV at nosebleed levels, the best plays would be a credit put spread (sell ATM, buy OTM puts.. . defined risk), or simply selling a naked put (UNDEFINED RISK). You need to be packing some serious brass to sell naked puts on BABA in this climate.. best of luck. 👍
DigitalData
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@JRSone, well my "huge" play was worth 100-200% just in that run alone but ok