BABA breaking out of its pennant patter on daily and weekly

Aggiornato
BABA is breaking out of its weekly and daily pennant pattern so put in an order for March 165 calls limit buy 8.10 with stop at 6.10. Target is 180-182 on the share price.

Let's see if we get filled :-).
Trade attivo
Filled.
Nota
Moved stop on calls to lock in 2.5R at 13.10. Might take profits tomorrow depending on price action since the first target was hit. 186.50 would be the next near term target.
Nota
Moved stop to 15.20 to lock in ~88% on the calls.
Nota
Moved stop to $16.70 to lock in 107%. Will consider taking profits the next 1-2 days.
Trade chiuso: obiettivo raggiunto
Took profits on March 1, 2019 when the inverted hammer formed at resistance. Sold the calls for $22 or ~170% profit.
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Declinazione di responsabilità