BABA stock is breaking out the down trend channel
In my personal opinion I am very Bullish in
BABA
stock for many reasons
The Main reason is the financial Numbers are very good and it is considered
one of the cheapest stocks in the World now So it is a good chance to buy more
shares with such low price
In TA view it has already broke out the Parallel Down trend channel on an Important Support zone On daily time frame
and it has retested the support zone and price started to go up.
My Entry zone is between 89 - 92 and the mid term ( 4-8 months ) target is 135
What Do you think about
BABA
in the coming days
BABA
stock for many reasons The Main reason is the financial Numbers are very good and it is considered
one of the cheapest stocks in the World now So it is a good chance to buy more
shares with such low price
In TA view it has already broke out the Parallel Down trend channel on an Important Support zone On daily time frame
and it has retested the support zone and price started to go up.
My Entry zone is between 89 - 92 and the mid term ( 4-8 months ) target is 135
What Do you think about
BABA
in the coming days
トレード稼働中:
Even though it made a lower Low and Lower high ( it was a sign closing positions ) but fundamentally and financially it is a strong company so i didn't close my positions and I have bought more ( it is a big chance to buy more shares with big Discount )
One Of the Largest Position In my Portfolio
One Of the Largest Position In my Portfolio