HumanBias

Next target $300

Long
HumanBias Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Today we've seen a fakeout of the ascending triangle formed since Jan 14, but IMO we have the fundamentals to break the triangle and reach this target where, by the way, there is a confluence with the 1.618 at $301.8.

I am more and more certain that BABA will reach $350 this year.

Don't forget that our opinions could be biased by our experiences and feelings. Manage properly your risk. Not a financial advice.

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Comment:
We can continue lengthening the triangle. (02/18/2021)
Trade closed: stop reached
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