Anyone buying baba?

Hey guys, Let me know what ya'll think bout buying $Alibaba(09988)$

Price is at the ichimoku and stochastics trendline support. On top of that, it's on a graphical horizontal support where the 50% Fibonacci retracement is. Seems like a strong support zone and I'm hoping price bounces off 156.4 to 165.1 where the horizontal swing high resistance and 38.2%Fibonacci retracement is. I'll have my stop loss at the 61.8% Fibonacci retracement at the last support level at 151.2. In case I'm wrong, I'll be able to get out of the trade fast! If this set up is right though, it's a 1:2.3 risk to reward.

Entry:156.4[Smile] 

Take Profit:165.1[Miser] 

Stop Loss:151.2[Cry] 

$Alibaba 5xShortSG230202(DAGW.SI)$

$Alibaba 5xLongSG220608(DGFW.SI)$

免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。

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  • TwoDeMoon
    ·2021-11-22
    我想说的是,我买的时候别人都害怕,每个人都哭然后它最好的点进入。在别人欣快的时候退出。一如既往的DYODD。我140进n等反弹到180
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  • KYHBKO
    ·2021-11-19
    following the earnings, it should take days before the price bottoms up. need to go through the fundamentals before investing
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  • HUATAH888
    ·2021-11-18
    stay away....
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