Reallifetrading

BABA pre earnings analysis

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
I personally think BABA gaps down small (and continues to get bought up and trade higher over the next 2-3 months)

However, if BABA gaps up, it LIKELY will sell off small, 1-2 days and then go higher as it did in the last few earnings.

If BABA gaps down into the 100 SMA, NICE buy zone, more than likely. Overall, I could easily see baba being $300 in the next 13 months.

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