$Alibaba (BABA.US)$ VWAP - Hope you’re ok, your shorting wen...
VWAP - Hope you’re ok, your shorting went from:
For long positions, “good level to exit is vwap 66.50”
For long positions, exit at 76
Short at 78
“all good news price into the stock. no more upside. sell now”
Market moving in your direction from 78 to 75.
“if market sells, I sell.”
Market moved against you.
Now it becomes you didnt sell and are looking to short at next resistance level of 88.
Moving your goalpost?
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102640653 : Looking toward 125 now
Thelord : Ya I saw vwap laughing at you in another post. Hopefully this time China stocks have bottomed
ProvisionallyOP Thelord: 1.3% SL, not a big deal for me.
Mr VWAP just wants to show that he’s 100% right and everyone can be 100% right after the market moved. He probably shorted at a level which is too low.
Objectively, it’s hard to say if it has bottomed.