NYSE:BABA   ALIBABA GROUP HOLDING LTD SPON ADS EACH REP ONE ORD SHS
I learned about canslim from a guy i know online named Mike Rich, everything I know is because of him. Positive earnings growth in the 20's and 30 percentile over previous quarter, cup and handle , and double bottom , positive cash flow and proven profits with a growing and revolutionary business model. Too many shares to not take profits. Sell 1/2 at $203, buy back if DOW and NASDAQ are still relatively healthy, on next earning report of 20% 30% increase over previous quarter. Sell whole position if it starts acting up because i don't trust the 1 BILLION shares. Plus I believe in OMENS, and the name ALIBABA has a bad ring ;)
Comment: I wouldn't hold this for too too long, market is sideways and the primary trend of the bull run has lasted for 8 years since the fed printed all that money. They have raised rates 3 times since december. VIX is going crazy. If you want to learn how to profit from the crash, follow UVXY. Mike Rich is an expert on it
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