Bullishcharts

ALIBABA attracting Bullish Option Traders

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
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TARGET PRICE $205
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Follow the options traders and you will often be rewarded, in the past week, call options activity had preempted the earnings beat and are now pointing to much higher gains.
Any weakness's in the earnings were quickly addressed and critics were reminded of the untapped market within China alone, USA trade is not a issue.

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