BABA - Rebound or Break (Potential: %20 in 2mon, RWR 3.8)
Strong support and resistance over last several months. This is a is surredely a pivitol moment for the stock. Earning were above expectation so I'm leaning on a long position upon MACD signal or strong rebound. A stop just below 167 since it's never reached lower previously.
Risk reward 3.8.
Risk reward 3.8.
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