Alibaba has been a difficult one for me at least.
With all the HYPE about the splitting up to create value actually caused the stock to drop off dramatically and for me was unexpected.
Looking forward, i.ve started to see some support, and I'm looking for a potential upside of +-20% to the 0.8 +- FIB levels.
Time will tell.
Your comments are welcome.
Kind Regards.
Graham.
With all the HYPE about the splitting up to create value actually caused the stock to drop off dramatically and for me was unexpected.
Looking forward, i.ve started to see some support, and I'm looking for a potential upside of +-20% to the 0.8 +- FIB levels.
Time will tell.
Your comments are welcome.
Kind Regards.
Graham.
Trade active:
Buy Position entered.
Targeting $100 - $105 for now.
Targeting $100 - $105 for now.
Comment:
Prediction is getting close now.
I am staying in for now.