Alibaba Group Holdings Ltd.
Largo
Actualizado

BABA in BUY ZONE

95
My trading plan is very simple.
I buy or sell when at either of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow volume spikes beyond it's Bollinger Bands

So...

Here's why I'm picking this symbol to do the thing.

Price in buying zone at bottom of channels

Money flow momentum is spiked negative and under bottom of Bollinger Band

Entry at $152.20
Target is upper channel around $176 (best case) or moving average around $162
Operación cerrada: objetivo alcanzado
Closing BABA (with 5% gain) at moving average.

Exención de responsabilidad

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.