PORTFOLIO ALERT – ALIBABA LONG POSITION OPENED

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Technically she is the strongest stock in the online retail sector.

While Amazon is trading 400$ below peak of all times, Alibaba on the other hand has breached another peak.
Spread resistance trend and another 35$ rally is inbound.
POSITION IS A LONG
INSTRUMENT ALIBABA (BABA)
CFD CONTRACT 1 LOT = 100 UNITS
VOLUME 10 LOTS
ENTRY RATE 309$
POSITION VALUE 1000 SHARES = 309,000$
LEVERAGE 1-TO-20
MARGIN REQUIREMENTS 5% FROM POSITION VALUE  = 15,400$
STOP OUT 5$ BELOW AT 304$
FREE MARGIN TO STOP OUT 5,000$
TAKE PROFIT AT 335$
EST PROFIT  26,000$
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