I'm watching
BABA for an upside breakout of 179.88, which could trigger an explosive rally in the stock. Today wouldn't be a bad long entry here, with a wide stop at 163.96, but once the breakout happens, another trade with a stop at 171.43 can be placed...Upside targets are up to 276 in the long term.
Best of luck,
Ivan Labrie.
Best of luck,
Ivan Labrie.
Trade active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.