Bibi77
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$阿里巴巴 (BABA.US)$
1st idea: Short
Target: $132
2nd idea: Buy at $132
Target: $150, $180
The Chinese stock market still does not show any signs of an upcoming recovery. Nevertheless, we do believe that the correction might be over pretty soon.
As for Alibaba stock, it dropped out of the global rising channel it usually moves into and even broke through the median line of the 2nd channel, which is a projection of the main one. We expect the price to come to $130 since it is a global support level and the bottom line of the 2nd channel.
Unfortunately, if a $130 breakout happens, Alibaba will head towards the next support which is only at $86. But we do not believe in this scenario.
1st idea: Short
Target: $132
2nd idea: Buy at $132
Target: $150, $180
The Chinese stock market still does not show any signs of an upcoming recovery. Nevertheless, we do believe that the correction might be over pretty soon.
As for Alibaba stock, it dropped out of the global rising channel it usually moves into and even broke through the median line of the 2nd channel, which is a projection of the main one. We expect the price to come to $130 since it is a global support level and the bottom line of the 2nd channel.
Unfortunately, if a $130 breakout happens, Alibaba will head towards the next support which is only at $86. But we do not believe in this scenario.
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Bibi77
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$SPDR 标普500指数ETF (SPY.US)$
我用我的小眼睛监视... 向上移动!
在触及0.618水平的阻力位后,我看到旗帜/三角旗并在.5斐波那契回撤位上方盘整。本周将出现上行空间。然后观察价格,告诉我们从那里去哪里。
我用我的小眼睛监视... 向上移动!
在触及0.618水平的阻力位后,我看到旗帜/三角旗并在.5斐波那契回撤位上方盘整。本周将出现上行空间。然后观察价格,告诉我们从那里去哪里。
已翻译
![图片](https://ussnsimg.moomoo.com/4937991284122118663.jpg/thumb)
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