Niverto
Long

ALIBABA to BUY on the OPEN

NYSE:BABA   Alibaba Group Holdings Ltd.
I will take the opening to get LONG on ALIBABA stock.
2 scenarios:
a- MARKET open and price go straight to R2 pivot level at 200
b- A retest around 192 ish level to target R2 pivot level at 200

Obvisously scenario 3 with invalidation at 187 level (which is ok and included in the risk management).

Happy trading

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