BABA (Alibaba) has been trading in the range for a while.
When stock trades in a range and then one way or the other it shows a clue which side of the range it wants to go, it is like a person telling you he wants to go South but eventually runs towards North. Old Battle tactic.
But as a professional trader, you can read the move way in advance and position yourself.
Are you positioned to trade BABA?
Do you know where it is going and why it is going?
Did you take our NIO trade?
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