$Alibaba(BABA.US$ some who scare will sell. some who think it will go back to 80s will sell too. then the funds will buy from these people.
check there are very lower volume. this phase is shake off the newbie
check there are very lower volume. this phase is shake off the newbie
4
$Alibaba(BABA.US$ nice volume breaking 99
2
1
$Alibaba(BABA.US$break $94 but not enough volume. need to hold $90 before going up to $100 to comfirm the run up
2
$Alibaba(BABA.US$ resistance at $120. need to push through with volume to move towards 140
2
LimErnest OP : After all the weak hands have all sold their holding. 99 is support and next resistance is 120
LimErnest OP Cookie Jar Fund : Yeap, the volume not catching up. Let’s see hsi. Nevertheless it is for long term and let need to prove with a few more quarters or ipo towards the end of year.
LimErnest OP Cookie Jar Fund : What’s your avg price and position?
LimErnest OP : My is 470 at $107
LimErnest OP Cookie Jar Fund : You can start to sell before 120 for a good profit