Friday, October 16, 2020 12:15:25 PM
$BABA | #Alibaba Group Investors Hoping for a Biden Win?
Potential long setup on the reclaim of the 7ma.
Some caution required as we are approaching a very contentious election,
where China will be front and center of Mr. Trumps tweets.
Ramblings this week about ANT Financial did not help BABA's attempted breakout.
Day trade possible to $310, but safer entry on the next breakout, with $340-$350 as target range.
Many investors are banking on a Biden win leading to a truce with China and improved relations.
Potential long setup on the reclaim of the 7ma.
Some caution required as we are approaching a very contentious election,
where China will be front and center of Mr. Trumps tweets.
Ramblings this week about ANT Financial did not help BABA's attempted breakout.
Day trade possible to $310, but safer entry on the next breakout, with $340-$350 as target range.
Many investors are banking on a Biden win leading to a truce with China and improved relations.
Official InvestorsHub (IHUB) Profile for #TFMG | #theFinancialMarketingGroup:
#BullishCharts - https://investorshub.advfn.com/BullishChartscom-38003/
#TopMarketGainers - https://investorshub.advfn.com/Chart-Analysis-TopMarketGainerscom-36847/
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