Time to Bank Some $BABA

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BABA has broken out, as expected. Now it's time to ring the register on at least half of the position.

Our thesis was a combination of technical analysis and political game theory. BABA had been dropping monster growth numbers. But the US-China trade tension situation was at its worst. Our sense was that the White House would start to actively signal a de-escalation there, priming this stock for a big ol' breakout.

Now, here we are, 50 points higher in just a couple months, and it's time to bank a good chunk of the position.
ノート
$BABA Shares Breaking Out of Major Triangle Consolidation

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