Alibaba Group Holdings Ltd.

Long

Updated

Long BABA on confluence

Left chart weekly
Right chart daily

Support at all time POC and AVWAPS. Rejection wick adds confidence.
Great R:R for a SL under the wick.

TP's: am looking at $93, $103 and $123

Note

Target #1 reached (if you were not stopped out like I was)

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.