The TT Blackbox $BABA Swing Trade Alerts

What was the BABA trade?

Initially alerted via the private twitter as a day trade. $BABA bullish day trade only! Looking for an entry if/when it breaks above $259.10. Stop $258.60. Target $262.50

Based off the below Blackbox Algo alerts we converted this trade into a swing trade:

Who is BABA?

Alibaba is the world’s largest online and mobile commerce company, measured by GMV (CNY 5.7 trillion/$846 billion for the fiscal year ended March 2019).

It operates China’s most-visited online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba’s China marketplaces accounted for 68% of revenue in fiscal 2019, with Taobao generating revenue through advertising and other merchant data services and Tmall deriving revenue from commission fees.

Additional revenue sources include international retail/wholesale marketplaces (7%), cloud computing (7%), digital media and entertainment platforms (6%), Cainiao logistics services (4%), and innovation initiatives/other (1%). Mobile GMV accounted for roughly 85% of consolidated GMV in fiscal 2019.

Check out the last time Transparent Traders traded $BABA —> Read More Here

1. Who are Transparent Traders?

   Transparent Traders exists to solve the critical issues facing our traders, both large and small. Our unique approach is not only what differentiates us, but also what makes us successful.

   Our advanced Blackbox uses custom algorithms & predictive A.I. to locate the most accurate day or swing trades for the best chance of success.

   

   You can see the following on the chart below:

   1. The green line shows the target entry price that was alerted to our subscribers.
   2. The red line shows the target exit price.
   3. For what is a stop-loss check out this video —> Watch Now
   4. The Green arrow shows you where the Twitter alert was alerted.
   5. The two yellow arrows show you where BABA was alerted as a Bullish Swing Trade from the TT Blackbox Algorithms.

Are you looking to make Passive Income from an Elite Algorithmic Trading Group and Platform Look no further than Transparent Traders?

Join Our Elite Affiliate Program Right here —> Affiliate Start Here

If your interested in reading more article about what Transparent Traders has to offer to check out these below:

1. How does the Transparent Traders Platform+ Work —> Read More Here
2. TT Tradingview Breakout Script for Day Trades and Swing Trades —> Read More Here
3. How to find a target price for stocks —> Read More Here
4. The Key Stock Market Terms Every Trader Should Know / Understand – Read More Here
5. How to make a pre-market penny stock bullish scanner —> Read More Here
6. What are stock charts and how do you set them up —> Read More Here 

For all of you wanting to know how I decide to enter and exit my trades, I have listed those key points below:

• I have created a watchlist of the tickers I like to trade the most. Download my watchlist right “HERE”
• I review that watchlist against the alerts from the TT Blackbox each 5-minute interval.
• I focus on the $VIX. This measures volatility in the market. If volatility is moving up, the market is moving down, and vise versa. This simply means I start here and does not mean I will not trade against the market.  However, I do not recommend that for the novice trader.
• Once I know the direction of the market, I start to focus on the tickers moving in that direction.
• Once these tickers alert on the TT Blackbox, I typically wait till the closure of the next 5-minute candle and I enter.
• I then immediately set a limit sell order for 5%.  Keep in mind I am trading shares in the price range of $30-$400 tickers so 5% is big money.
• I exit my trades based on two points.  One, being the TT Blackbox stops alerting or alerts in the opposite direction, and two being my 5% target has been met.

Follow Jonny Red and James Mason on the Clapper App!

1. Jonny Red – Watch Here

2. James Mason – Watch Here