Shares of Alibaba (BABA) are up almost 5% this mor
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Posted On: 01/24/2017 9:56:08 AM
Shares of Alibaba (BABA) are up almost 5% this morning after the Chinese company reported better than expected earnings results. While it is too late to chase Alibaba, investors can buy Sina Corp (SINA) right now and ride the sympathy buying up. There is a near perfect bull flag on the Sina Corp chart that is about to break out. The combination of the bull flag and the Alibaba earnings should ignite Sina and shoot it up towards a target of $74.00.
Investors buy SINA Corp bull flag after Alibaba earnings
Investors buy SINA Corp bull flag after Alibaba earnings
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