$BABA Is Alibaba Ready To Be Treasured In Our Portfolios?

Traders, Speaking to my of my investor friend in the US around a year ago, I predicted alibaba to fall below 100 and that's when we could get a chance to buy back again. Alibaba BABA Has been consolidating at the current levels for few months under 100 dollars. Now as it has created a very good pattern inside the bollinger band, this can become a speculative buy in our portfolio again. The risk is limited i.e. stop loss will be below last lowest low and the target much higher giving us very good Reward to Risk.