Thursday, April 9, 2015

BABA Buy?

Alibaba

went public last fall and the price ran up and then has declined in a controlled fashion.

Now may be a bottom in the price of this stock.

I present this chart as an example of how to look for a bottom in a stock. This may or may not be a trend change, but the price does give some defined parameters for limiting risk and evaluating for a change in trend.


Control risk,
gh

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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh