BABA breaking out of its pennant patter on daily and weekly

2019年2月19日

BABA is breaking out of its weekly and daily pennant pattern so put in an order for March 165 calls limit buy 8.10 with stop at 6.10. Target is 180-182 on the share price.

Let's see if we get filled :-).

2019年2月19日

トレード稼働中

Filled.

2019年2月26日

ノート

Moved stop on calls to lock in 2.5R at 13.10. Might take profits tomorrow depending on price action since the first target was hit. 186.50 would be the next near term target.

2019年2月26日

ノート

Moved stop to 15.20 to lock in ~88% on the calls.

2019年2月28日

ノート

Moved stop to $16.70 to lock in 107%. Will consider taking profits the next 1-2 days.

2019年3月9日

トレード終了: 利益確定目標に到達

Took profits on March 1, 2019 when the inverted hammer formed at resistance. Sold the calls for $22 or ~170% profit.