NYSE:BABA   Alibaba Group Holdings Ltd.
BABA has formed a H&S on the daily chart. Trend line breaks can be seen on the monthly and weekly charts. Indicators are pointing down. My target is $147.40. Ill enter with an October 2018 $150 put. It is kind of risky. Ill wait for the MACD to turn negative on the hourly chart before I enter.

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