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BrownBearTrades

BABA Projections EOY

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Alibaba Group Holdings Ltd. (NYSE:BABA)  
BrownBearTrades  
NYSE:BABA   Alibaba Group Holdings Ltd.
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Likely levels for BABA to float to EOY to early 2020. Based mostly on Fibonacci levels and BABA's usual volatility.

I lean to the long side due mainly to the trend and CMF. I'm looking to buy calls due to the squeeze, after a pop I'll look to sell cheaper calls against it to take some profit.

BABA will also begin trading in Hong Kong this week I believe. We'll see if that has any affect. Will follow up.

- Thanks for reading!
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