#BABA has been in down trend channel. It is currently breaking out of shorter timeframe descending wedge inside the long term downtrend channel. Price breaking above $73.50 is bullish.
Target 1 - $80
Target 2 - $87.50
Target 3 - $93
Stop loss - $68
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
Target 1 - $80
Target 2 - $87.50
Target 3 - $93
Stop loss - $68
——
Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.