BABA short (or Nov 17 puts) - channel based trading

Alibaba Group Holdings Ltd. (NYSE:BABA)

Updated

NYSE:BABA Alibaba Group Holdings Ltd.

Chart Patterns Beyond Technical Analysis

BABA ain't AMZN and people will figure that out eventually. I expect it to be soft here but not through the Christmas season so I bought some nov 17 puts for hopefully a quick few bucks.

Trade closed: target reached:

I'm taking the full position off here

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.