BABA breaking out of its pennant patter on daily and weekly

מעודכן
BABA is breaking out of its weekly and daily pennant pattern so put in an order for March 165 calls limit buy 8.10 with stop at 6.10. Target is 180-182 on the share price.

Let's see if we get filled :-).
עסקה פעילה
Filled.
הערה
Moved stop on calls to lock in 2.5R at 13.10. Might take profits tomorrow depending on price action since the first target was hit. 186.50 would be the next near term target.
הערה
Moved stop to 15.20 to lock in ~88% on the calls.
הערה
Moved stop to $16.70 to lock in 107%. Will consider taking profits the next 1-2 days.
עסקה סגורה: היעד הושג
Took profits on March 1, 2019 when the inverted hammer formed at resistance. Sold the calls for $22 or ~170% profit.
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