Myantman101

Friday Could Be The Start Of A Bull Run

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
If we break through resistance Friday, we are set for a long bull run. This will be quite the rally that will probably lead into the $300s. Tomorrow will make or break that run.

Comments

Drinks on BABA this weekend ;)
Reply
@Karam08, Cheers!
Reply
Or a day jump wow!
Reply
Quite possible, technicals + the psychology of a coiled spring.
Reply
Myantman101 SimplyCash
@SimplyCash, You got it! Hit $264 after hours around 4am, pre-market at 8:00am will give us a better idea. A pop or a drop.
Reply
growerik Myantman101
@Myantman101, BABA seems to have the same pattern 9:30-10am. I'm actually anticipating a huge weekend gap jump for Monday. Unfortunately, it looks like China economy is the only one growing +% for the near future. I just added a bunch of $282.5call11/27 at 9:50am, low equity risk, I don't want to wake up Monday to a gigantic pop I missed. Ha. If it doesn't do a weekend pop I'll just liquidate and it is what it is.
Reply
Myantman101 growerik
@growerik, I noticed the same 9:30-10am trend. I sold around 9:30am with a 4.5k profit. If I held till now, it would be a 10k profit. Can't complain though, happy to be making money doing what I love.
Reply
growerik Myantman101
@Myantman101, 👍
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out