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BABA: Bat pattern if plain sight.. take profit at $130.
Alibaba Group Holdings Ltd.
Short
BABA: Bat pattern if plain sight.. take profit at $130.
By nyank1t
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Updated
Jun 1, 2019
0
May 24, 2019
BABA
Bat pattern in play. Take profile at leg C $130.
However, RSI already indicates oversold, so it may not reach TP target.
Jun 1, 2019
Trade active
Falling trend continues and broke 0.3 fib retracement ($150 range).
If we entire $145 zone can slowly start to close short and add long position.
Jun 1, 2019
Note
Better graph.
Oversold now but I think after short rebound will continue down to $145.
Jun 11, 2019
Trade closed: target reached
$147 reached.
BABA
Bat
short
nyank1t
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