Hey fellow investors! I have brought another trade here today$BABA-W (09988.HK)$
On the H4, with prices moving above the ichimoku indicator, there is a bullish bias that price will rise from buy entry at 97.2 where the 50% fibonacci retracement and overlap support are to the take profit at 109.8 in line with swing high resistance. Alternatively, price could break entry structure and bearish momentum will carry price to stop loss at 100% fibonacci projection and swing low support.
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Ella-Maxtein : Looking at today's trends, it feels like Ali is buying it back
Ben 23 : thanks for sharing. just learnt that there are leverage for Baba too.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
whqqq : thank you for your new point![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)