OK.
This can be another $BABA Trade. Has all the signs for it.
The smartest move here is to take the trade - non directional bias. Follow how I constructed $BABA
IVP is 30%, but the HVP is 40% - Comparing them both, we can expect both to converge. That would mean, Either it consolidates for 1 full month (like the GDX trades I posted) or it moves like BABA.
Many ways to trade this scenario, You can choose one and try to manage the trade.
This can be another $BABA Trade. Has all the signs for it.
The smartest move here is to take the trade - non directional bias. Follow how I constructed $BABA
IVP is 30%, but the HVP is 40% - Comparing them both, we can expect both to converge. That would mean, Either it consolidates for 1 full month (like the GDX trades I posted) or it moves like BABA.
Many ways to trade this scenario, You can choose one and try to manage the trade.
Uday C Santhakumar
