BABA

[RAMOUTAR]

$BABA profit taking or topping? Still, the trend is up n strong but today's price weakness could spell more trouble

If I knew, I wouldn't be trading. I'm still long at $109.01, stop at $107.90.

 

[Albert A. Sanchez]

Alibaba Group Holding Ltd's outperform rating reiterated at Sanford C. Bernstein. $130.00 PT.

 

[RAMOUTAR]

Alibaba Group Holding Ltd's outperform rating reiterated at Sanford C. Bernstein. $130.00 PT.

Thanks for the share @Albert A. Sanchez . We're considering loosening our stop further, as we read the pre market tape. Shorts and p/c ratios contracted...spells bullish. We're still short, we will see.

 

[RAMOUTAR]

We're still long, stop adjusted at $107.75. We feel a pop, however, we may cut bait and jumo back in. Stay tuned!

 

[Michael J. Fletcher]

Thinking about $108 weekly puts here.

 

[RAMOUTAR]

You be careful with your puts, as I will with longs. Equity too strong here. We're still long @ $109.01. We're thinking of shedding 50% of long at potential break.

 

[Lloyd W. Coutee]

looks as though BABA is secretly going to go up.

 

[Michael J. Fletcher]

Alibaba’s Response to Counterfeit Goods Claims
http://marketrealist.com/2017/04/alibabas-response-to-counterfeit-goods-claims/?source=nasdaq

 

[RAMOUTAR]

We're out, took loss. Can't have $ sitting around. Going to put on a bull put spread instead.

 

[Phill Twist]

Slowly but surely, people are recognizing the full potential... when we're past 120... investors will want to buy even more.