Filtering by Tag: trading idea

Catching the Next Leg Up in Alibaba

Added on by C. Maoxian.

Here's the old zig zaggy set-up in BABA ... possible it could go up to 127ish with the next leg ... keep it in mind. Day traders can really dial down their risk by working off intraday charts, but I noted the ~$104 recent swing low on the chart as the widest stop.