SimplyShowMeTheMoney

$BABA sniper edition #1

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*


Recap: My team started a long $BABA position November 18, 2021 at $161 per share.

My team averaged down on our position today at $122 per share bringing our share average to $141.5.


Our First Entry: $161
Our 2nd Entry: $122
Take Profit 1: $180
Take Profit 2: $193


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Trade closed manually:
My team has exited $BABA today at $129 per share. We suspect unstable market conditions to negatively impact $BABA sometime later this week.
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