Get started
BrownBearTrades

BABA Projections EOY

Long
Alibaba Group Holdings Ltd. (NYSE:BABA)  
BrownBearTrades  
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Chart Patterns Technical Indicators BABA alibaba forecast forecasts tradeidea analysis bababuy babalong
8
0
trendanalysis chartpattern indicator baba alibaba forecast forecasts tradeidea analysis bababuy babalong
Likely levels for BABA to float to EOY to early 2020. Based mostly on Fibonacci levels and BABA's usual volatility.

I lean to the long side due mainly to the trend and CMF. I'm looking to buy calls due to the squeeze, after a pop I'll look to sell cheaper calls against it to take some profit.

BABA will also begin trading in Hong Kong this week I believe. We'll see if that has any affect. Will follow up.

- Thanks for reading!
Disclaimer

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.