Wahid_Elgohary

ALIBABA Long Idea

Long
Wahid_Elgohary Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Great stock, great price to enter long, with a tight stop loss.
RSI-Price divergence & bullish trend line.

If the price did not retest the trend line, do not enter at midway as it reduces the potential profit of the trade and puts you at a risk of a bigger loss.

Instead enter at breakout of resistance level at 191 with stop loss below the resistance level
Trade closed: stop reached

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