*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team remains confident in the long-term success of
BABA (unless fined to death by China), but is it ready?
My team isn't too confident in the short-term price action of $BABA. We believe that the e-commerce giant needs one more push down before finally being ready to hit our long-term target of $260. In the meanwhile we're setting a sell order forBABA at $206 and selling down to $190.
Although our short-term confidence inBABA is poor our original buy entry at $207 will remain (view previous posts for more info). These buy entries have a trailing stop loss of $208 to avoid taking any losses on the trade before our sell order activates.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team remains confident in the long-term success of
BABA (unless fined to death by China), but is it ready?My team isn't too confident in the short-term price action of $BABA. We believe that the e-commerce giant needs one more push down before finally being ready to hit our long-term target of $260. In the meanwhile we're setting a sell order for
BABA at $206 and selling down to $190. Although our short-term confidence in
BABA is poor our original buy entry at $207 will remain (view previous posts for more info). These buy entries have a trailing stop loss of $208 to avoid taking any losses on the trade before our sell order activates.If you want to see more, please like and follow us @SimplyShowMeTheMoney
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.