This post was just published on ZYX Buy Change Alert.
Due to overall market conditions, it is prudent to exit BABA trade around position in the zone of $83.10 to $85.43. So far only 15% of the trade around position has been accumulated with an average of $83.
Also consider taking partial profits on a 20% tranche of the long-term position in the zone of $83.10 to $85.43. The long-term core BABA position is long from $68. 90% of the full core position size will remain after this profit taking. Profits have been taken as high as $110.63.
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