March 24, 2023
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
Alibaba (#ALIBABA) weekly special report based On 1 Lot Calculation:
SPECIAL REPORT: Alibaba
DATE: March 24, 2023
EVENT: Channel price movement
TECHNICAL REVIEW:
Please note that past performance does not guarantee future results.

GRAPH: Weekly Chart Alibaba Price (2019- 2023)
Source: Fortrade MetaTrader4 Platform
Example of calculation based on weekly trend direction for 1 Lot1
|
Alibaba |
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|
|
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|
Levels |
$120 |
$80 |
|
Profit or loss in $ |
34,000 |
-6,000 |
|
Profit or loss in €2 |
31,542 |
-5,566 |
|
Profit or loss in £2 |
27,776 |
-4,902 |
|
Profit or loss in C$2 |
46,418 |
-8,191 |
1. 1.00 lot is equivalent of 1000 units
2. Calculations for exchange rate used as of 09:36 (GMT) 24/03/2023
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