In this video, I discuss a trade setup in $BABA that you can see everyday.
$BABA was definitely In Play yesterday but more importantly a setup that offers an excellent risk/reward appeared.
This setup can be attacked as a swing trade or a scalp.
I hope this video gives you a new trade to consider for your trading.
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Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of One Good Trade and The PlayBook. He welcomes your trading questions at [email protected].
*No relevant positions