$Alibaba (BABA.US)$ imbalance from 6th Dec filled after it h...

$Alibaba (BABA.US)$ imbalance from 6th Dec filled after it hit 115 yesterday. Should have rebounded intraday after filling. To stay objective, you should cut loss today if it doesn't rebound up as the sell off was with bigger vol. But as it is near to bottom bband and we know it was also due to US sell off sentiment flowing over to China, I still see the NDX still has a imbalance to fill till 15760, I will hold till Wednesday and see if the China cutting interest rate will improve China sentiment today.

Baba is also now near the bottom of the bband squeeze. So a bounce up is likely from here. But if it doesn't, I will take a small loss here and wait for the next leg when it retest 108 or even 95.

As always, trade safe & invest wise!

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