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| Courtesy of TradeStation |
One theory of buy the rumor and sell the news still seems good.
The indicators in the BABA daily chart above are circled at the buy areas. What is nice here is that they all lined up well enough to take a position. Then sell on the news.
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This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
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