Long BABA @ daily @ new all-time high 2017 only question of time

NYSE:BABA   Alibaba Group Holdings Ltd.
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)

This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...

Best regards
Trade active: 91.19 BABA today - holly cow, these stocks is killing me softly

how ever, don`t loose your nerves
- it`s all inline currently :)

best regards
Trade closed manually: i closed my position manually :shades:
getting by prices under 92 only stomach pain :flushed:


Nice double bottom there. Maybe the market will provide a 2618 opportunity to long with even more confirmation.
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@PHL, yes, it will be battle of nerves - no question.
Bulls and Bears will wear out ech other, iam aware of it :)

I also focussed AMZN in my watchlist of this peer group to diversify my account, but it seems like that AMZN is breaking out ambitiously today!? I don`t excepted today :flushed:

We`ll see it ...
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PHL 4XSetUps
@4XSetUps, BABA is trading like a start-up especially during earnings releases. Thus I have never had a position in it before but certainly watching it. Do you think holding AMZN and BABA is a diversification? I would call it a geographical diversification at best :) Let me have a look at AMZN chart as I have never analyzed it befored technically.
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@PHL, okay according to what I saw it could be longed at previous support at 682 or a sell opportunity at this level:
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@PHL, i am excepting a breakout to new all-time highs meanwhile in AMZN :) and even beting that BABA will dragged upwards also
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PHL 4XSetUps
@4XSetUps, Good luck on the ride up then!
@PHL, yes it`s the asian answer of AMZN - thats what i also want to say. Or even like the our little german CHXEUR:ZALD. If iam not wrong the fundamentals are better also - and the chart is not so quiet dynamic like AMZN or even CHXEUR:ZALD. From this point of view is BABA for me something like a conservative SetUp of this (worldwide) peergroup. Let us wait and see ...
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