Chad_McDeid

I still like Alibaba technically.

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
Buy fear sell hype. Big support on the quarterly. Deep pullback on the monthly with a signal candle forming (couple weeks to close still). Oversold on Weekly and Daily. I think this may be a great level to start accumulating long term shares for investment. I dont pick stocks to trade often. Usually if I buy a stock its a long term play for the tax breaks. Hard to beat the market short term trading in stocks.
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