HumanBias

UPDATE: Price Target at $254-$256 (15th Jan)

Long
HumanBias Mis à jour   
NYSE:BABA   Alibaba Group Holdings Ltd.
Perfectly reached my yesterday's first price target of $243.

Now MACD bearish in 1h so I think it’s posible to start the day or premarket bearish until EMA200 and fib. Retracement 0.786 at $240-$241 aprox. Possible but not probable because the bullish general sentiment (as seen in postmarket).

Then rebound to the ascending parallel chanel at my yesterday's second objective at $254 - $256 aprox.

This stock is IMO one of the safests we have in the market right now if you want to grow your money stably.

Not a financial advice. Just my thoughts.
Commentaire:
Due the bullish sentiment in premarket, I discard the rebound at the EMA200. Just moon!
Trade fermée: cible de profit atteinte
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.