Alibaba (BABA) has plunged 34% since Oct 2020 with lots of negative news going on. Is BABA hitting the bottom yet or further distribution to come?
The negative news ranged from suspend of ANT's IPO, investigation over monopolistic behavior, Jack Ma's missing, executive order to ban Alipay and plan to ban Americans from investing BABA, etc…All these bad news are...
When you do so , I was pretty confident with my trade . The stock behaved exactly what I was thinking . The video is not complete as I was still holding my full size.
I had a few friends that lost money investing in NYSE:BABA for their upcoming Ant IPO. The reason Alibaba stock got crushed was pretty apparent to me and I wanted to do an illustration on Tradingview so that others can have the knowledge going forward in their own investing.
This is my code strat algo that use computer based using algo and rsi and Macd so it pushes it five candles back and tells you when to buy in and when to sell out when it says Long thats when you buy in and when it says close entry thats is when you close out the entry also you see it has a percent outcome of what will happen before you make the trade and it also...
Timing is everything in options trading, instead of forcing myself into a position prematurely, I decided to short the stock and wait patiently for momentum to offer an in and out play. NYSE:BABA
It looks like we have an impulsive move but lets see what actually is on the bigger degree...
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Hello traders,
Yesterday´s trade in the CURRENCYCOM:BABA market is the perfect educational content for today´s video!
Channel trading, trend-lines, adjusting zones from the volume profile, and more.
Everything included in the video with real trade description (including SL and PT)!
Parameters of the trade (LONG ALIBABA):
Entry: 196.15
SL: 184.56
PT:...
ULTA had the last stand, amongst global markets heading south. But today ULTA was thrown off track. I've been stalking ULTA from 2016. Two years? No problem. Why? Because it was a risky one to go long for the last two years - and I didn't have the financial muscle to take it on. But in the last couple few days I saw a weakening of momentum, and made that judgement...
