$BABA buying the dip
Updated
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been following Alibaba for the past few months. We originally entered
BABA on 5/27/21 at $207 per share. There is no denying the massive oversell of BABA. After correcting from its 52-week high of $319.32 BABA now sits at just $21.22 per share. BABA is a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October.
Today my team has placed our 3rd buy order onBABA at $210 per share.
We're long.
FIRST ENTRY: $207
2ND ENTRY: $220
3RD ENTRY: $210
TAKE PROFIT: $265
STOP LOSS: $203
If you want to see more, please like and follow us SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been following Alibaba for the past few months. We originally entered
BABA on 5/27/21 at $207 per share. There is no denying the massive oversell of BABA. After correcting from its 52-week high of $319.32 BABA now sits at just $21.22 per share. BABA is a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October.Today my team has placed our 3rd buy order on
BABA at $210 per share. We're long.
FIRST ENTRY: $207
2ND ENTRY: $220
3RD ENTRY: $210
TAKE PROFIT: $265
STOP LOSS: $203
If you want to see more, please like and follow us SimplyShowMeTheMoney
Trade closed: stop reached
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