Alibaba Group Holdings Ltd.
Short
Updated

BABA Short

442
Consolidation in down trend
At Weekly Support/resistance

Short 119
Stop 130
Target 86

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Trade active
Buy Put Butterfly May P65/85/105
Limit 2.77
no Stop in option
Trade closed manually
close 4.0, small winner

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