BIG $BABA HnS Swing Position Idea

Support in gray box isnt only valid support.

Generally just looking for the next shoulder to form, but this might already be a good entry area.

This would be a beautiful HnS and the breakout could take us far.

Keep a lookout for where else the shoulder may form, break gray bos and shoulder can still form lower, hard invalidation is if we get new lows below 'head'.
alibabaBABAbabalongChart Patternshnstrading

Also on:

Disclaimer