BABA: Trade Monthly Swing Strategy -J

Short

Alibaba Group Holdings Ltd. (NYSE:BABA)

Updated

NYSE:BABA Alibaba Group Holdings Ltd.

Trend Analysis

trendanalysis

Here is to summarize my trade plan. If we break above the overhead resistance and retest, I will add my hedge position which will help me profit from the both side. Bearish until proven otherwise.

Comment:

I think the collateral required is $700 per short spreads.

Comment:

Basically price must not be within by 3rd may 180-200 for us to make profit.

Comment:

Basically price must not be within 180-200 by 3rd may for us to make profit.

Comment:

Previous Set up:

BABA: Trade Update

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