$Alibaba (BABA.US)$ it has to close above 103.7 today for the rally to continue.
IMHO at this point it's not wise to open any short position.
IMHO at this point it's not wise to open any short position.
3
$Alibaba (BABA.US)$
Greatly appreciate if someone can post a high quality analysis. Listen to rubbish will result in Garbage In Garbage Out. Here is the possible scenario of the condition today:
Calls are outnumbering puts, currently 2 days' trading volume is 50% down from the volume when the price rallied.
Today expect the range to be 95-100, we are in support area right now, if break below may the bottom be 92 this week.
Tips: Buy Call may result in selling/short the st...
Greatly appreciate if someone can post a high quality analysis. Listen to rubbish will result in Garbage In Garbage Out. Here is the possible scenario of the condition today:
Calls are outnumbering puts, currently 2 days' trading volume is 50% down from the volume when the price rallied.
Today expect the range to be 95-100, we are in support area right now, if break below may the bottom be 92 this week.
Tips: Buy Call may result in selling/short the st...
2
$Alibaba (BABA.US)$
Inside bar is formed therefore market is indecisive and high leverage will get kicked out.
Instead of scalping now it's possible to open swing long position. Expect rally and correction to last 14-20 trading days. Market loves triangles and wedges.
Key level to watch:
break above 103.4 next retest 105,
break above 105 next resistance at 108.7
Trading Volume per minute must maintain at least the same strength with 28-29 March to break above 108.7 t...
Inside bar is formed therefore market is indecisive and high leverage will get kicked out.
Instead of scalping now it's possible to open swing long position. Expect rally and correction to last 14-20 trading days. Market loves triangles and wedges.
Key level to watch:
break above 103.4 next retest 105,
break above 105 next resistance at 108.7
Trading Volume per minute must maintain at least the same strength with 28-29 March to break above 108.7 t...
3
$Alibaba (BABA.US)$
next resistance at 108.2 if break above may test 113-115
support levels at 100.5 and 97.6
if break below 97.6 the bottom is 92.7
current trend is bullish
next resistance at 108.2 if break above may test 113-115
support levels at 100.5 and 97.6
if break below 97.6 the bottom is 92.7
current trend is bullish
2
$Alibaba (BABA.US)$
will retest 97.8 today
resistance 100.3 break above next level 105
break below 97.8 next bottom 89
will retest 97.8 today
resistance 100.3 break above next level 105
break below 97.8 next bottom 89
Something is happening guys, S&P 500 is dropping...