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GreenLightinvestor

BABA - Bullish Turnaround? - 1st Buy Stop @ 240

Long
Alibaba Group Holdings Ltd. (NYSE:BABA)  
GreenLightinvestor  
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
BABA - Look for a turnaround situation...if the price breaks 240, on higher volume, and the DMI/ADX turns positive. Be patient for this to materialize!!
2nd buy stop if price continues through the 245 area. Look for the Choppiness indicator to turn south indicating the start of a new trend.
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