Shorting baba?
Hey guys! Wondering if anyone else is also looking at $BABA-SW(09988.HK$
Price has been moving in a downtrend and personally i dont think it will be turning back anytime soon. I'm looking to get in on the continuation at 107.9 where the overlap resistance is. Will probably short it to 96.9 where the 161.8% Fibonacci extension and 100% Fibonacci projection is and have my stop loss at 110.9 where the next overlap resistance is at.
Entry:107.9![]()
Take Profit:96.9![]()
Stop Loss:110.9![]()
$Singtel 5xShortSG230713(DKMW.SG$
$Singtel 5xShortSG230713(DKMW.SG$
Price has been moving in a downtrend and personally i dont think it will be turning back anytime soon. I'm looking to get in on the continuation at 107.9 where the overlap resistance is. Will probably short it to 96.9 where the 161.8% Fibonacci extension and 100% Fibonacci projection is and have my stop loss at 110.9 where the next overlap resistance is at.
Entry:107.9
Take Profit:96.9
Stop Loss:110.9
$Singtel 5xShortSG230713(DKMW.SG$
$Singtel 5xShortSG230713(DKMW.SG$
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老牛吃嫩草 : I just join the ride at 101 today.
Matthew D : Yes be more optismistic short more! Entire board expects 80 bucks by next week!
老牛吃嫩草 Mr VWAP: I mean I just brought today. Not short.