theeking43

Long Term Buy for Alibaba

Long
theeking43 Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
I identified a long term trend that has held nicely. Given recent market instability and volatility this gives an opportunity to buy this stock at a discount. $180-183 buy area for a long term hold. If $180 doesn't hold then I would take a wait and see approach.
Comment:
Currently at $185 level
Comment:
$184 has shown to have been a good buy area after today.
Currently $194
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