NYSE:BABA   Alibaba Group Holdings Ltd.
Nice bullish gap recently. $58 is a strong support. I do think BABA could trade down and retest it. I don't mind owning BABA at $58 but will BTC if market is getting creamed and BABA closes below $58 OR it's 70% profitable with more than 2 weeks left.

If you want to trade shares, could consider going long around $61 on a pull back, stop around $58 target, $75

Thanks for helping us Enrich Lives!
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.