Anyone buying baba?

Forexbae
2021-11-18

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。

举报

评论（67）

  • 推荐
  • 最新
  • Snakewood
    ·2021-11-18
    just added for long term
    回复
    举报
  • TwoDeMoon
    ·2021-11-22
    All i want to say is that i buy when others are fearful, everyone crying then its best point to enter. Exit when others are euphoric. DYODD as always. For me 140 enter n wait for rebound to 180
    回复
    举报
  • me777
    ·2021-11-20
    still a buy now?
    回复
    举报
    收起
    • MengKeng: 
      Alibaba was fined again during the weekend, let's wait for a little while first then buy another dip
      2021-11-20
      回复
      举报
  • KYHBKO
    ·2021-11-18
    following the earnings, it should take days before the price bottoms up. need to go through the fundamentals before investing
    回复
    举报
  • _aadxm
    ·2021-11-21

    👏🏼👏🏼

    回复
    举报
  • EVKY
    ·2021-11-21
    I think that market  sentiment is bearish and technical analysis won't be too accurate already everyone is abandoning the ship
    回复
    举报
  • 俏妞儿S
    ·2021-11-18
    补仓拉低均价
    回复
    举报
  • InvestUncle
    ·2021-11-22
    on hindsight it is now 138-ish. cut loss successful?
    回复
    举报
  • Autnet
    ·2021-11-20
    I think good to buy at low price. Can keep and wait…
    回复
    举报
  • madnugget
    ·2021-11-19
    going in abyss
    回复
    举报
  • Metanoiaw
    ·2021-11-19
    Thanks for your sharing
    回复
    举报
  • MJJJJ
    ·2021-11-19
    80% is gonna trigger your stop loss
    回复
    举报
  • joew88
    ·2021-11-19
    I will accumulating
    回复
    举报
  • meurasian77
    ·2021-11-19
    Tempting but no
    回复
    举报
  • Danielng
    ·2021-11-18
    I just bought more. time will tell
    回复
    举报
  • SPOT_ON
    ·2021-11-18
    eveyone is shorting to make money
    回复
    举报
  • terrylimkc
    ·2021-11-23
    good try
    回复
    举报
  • KikiNoodles
    ·2021-11-21
    Dont buy. Downtrend. Wait for uptrend.
    回复
    举报
  • Hengk
    ·2021-11-21
    Good [开心] [流泪]
    回复
    举报
  • AdrianT
    ·2021-11-20
    Will keep buYing
    回复
    举报