Tuesday, October 21, 2014

BABA Daytrade

Of the setups I went through this morning BABA and TWTR looked the best.  TWTR had a downgrade so I looked to BABA.  I loved this set up as the day before had a very tight range. It was trading up slightly pre-market futures were up and all the leaders were catching a bid.  I entered pre-market at $88.80.  It broke 90 and then went off to the races.  I sold out at $91.57 after it ran to 92.50 and started selling off.

Entry: 88.80
Exit. 91.57 (+2.77)

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