BABA has been battered down in the past weeks due to the trade war escalating. But fear not, we now get to buy an A1 company at a discount. I see this as an opportunity seeing that business is still rapidly growing; shown in the May 15th/19 earnings report. With the trade war being the only reason for BABA's sell off, we will soar to new highs once this trade dispute gets resolved.How to trade this:
- ONLY buy after confirmation of the support in the smaller time frames.
- Have a tight stop loss.
- If stop loss is hit, wait for the next confirmation at the 2nd support.
- BE PATIENT!
Only trade
BABA if you have an apatite for risk. Trade analysis, not a financial advice.
ノート
BABA failed to make a support @ $160. Watch second support to be formed before entering.
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これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。