BABA
BABA Swing Trading Profit potential, swing trading NYSE:BABA
Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
We meet again #stocksBABA hurt me on that huge gap down but I am willing to take another shot here with a stop below 210. If this trendline break marks the bottom, the stock could head back to the 280 area. FXI has been strong and KWEB so the stock may have some tailwinds. Not sure about the Jack Ma situation but it might not matter.