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$BABA / #Alibaba Group Investors Hoping for a

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TFMG Member Level  Friday, 10/16/20 12:15:46 PM
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$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.




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