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$BABA Lookin Good

Diupdate

I missed my entry when this broke above the triangle in December and pulled back a bit before resuming the up-trend. I've been patient and waited for a pullback. We got a small one and there is a Morning Star formation then a gap up today. I'm long at $218.98 with a stop at $210.00. Target 1 is $230 and Target 2 $245... We'll see how this plays out. Ideas, not investing or trading advice.

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I'm playing this with Apr 17, 2020 $215 calls

jaxdog

Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.

I may or may not take any trade published and I am under no obligation to post any action or update to any idea.

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