Chad_McDeid

I still like Alibaba technically.

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
Buy fear sell hype. Big support on the quarterly. Deep pullback on the monthly with a signal candle forming (couple weeks to close still). Oversold on Weekly and Daily. I think this may be a great level to start accumulating long term shares for investment. I dont pick stocks to trade often. Usually if I buy a stock its a long term play for the tax breaks. Hard to beat the market short term trading in stocks.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.