BABA - ready for a rise

2022年8月1日

As RSI indicator is close to 30, we can expect that the price will decrease a little bit more to reach the support level , then we expect a trend reversal , so we suggest to take a long position.
Entry: when the price retest the support level;
Target: at the resistance level;
Stop loss: as in the chart (6,22%).

2022年10月7日

交易結束：達到停損點

stop loss hit