Chart Master: Trim longs in Alibaba
Alibaba continuing its rally today. Reports that the Chinese e-commerce company signed a major customer for its AI chips. Yes, apparently Alibaba is making AI chips.Shares are up more than 7% this week. They're trading at nearly four-year highs. However, the chart master Carter War says it is time to trim your long Alibaba.Carter Worth, welcome. What are the charts showing. >> Sure.Uh yeah, today's note to clients was just simply a follow-up from the August 12th note making the case to play as seen in this ...