Trade Idea

I picked up some $BABA earlier in the week and continue to like the spot here. The stock sits right at it’s 20 day moving average, giving us a manageable spot to trade from. The slow stochastic is also setting up a buy signal. Here is a look at the daily chart:

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Here’s a look at the Algo inside The PPT, sporting a technical oversold reading:

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Let’s see if she can move up here. #long