Get started

Alibabalong

ALIBABA @ 1h Chart @ above 1st trading day (after IPO) while thiAlibaba breaked out of trading zone while this september`16 - breakedUP of the 1st trading day (H/L) Session @ after the IPO ... 107.71 (2016-09-23): Friday (last trading) Closed 99.61 (2015-09-19): high of 1st trading day @ after IPO 90.09 (2015-09-19): low of 1st trading day @ after IPO After the first hype @ after the IPO @ the traders created a gap in the trading zone (even the 1st trading day @ after the IPO) 107.71 (2016-09-23): Friday (last trading) Closed 97.68 (2015-01-27): high of trading range in the trading zone 91.97 (2015-01-30): low of trading range in the trading zone While August`16 the market traded the share again between 90.09 and even 99.61 once again - even since 2016-06-08 (since around 14 months) 107.71 (2016-09-23): Friday (last trading) Closed 97.18 (2016-08-25): 3rd temporarly daily low after gap into the trading zone back again 93.15 (2016-08-25): 2nd temporarly daily low after gap into the trading zone back again 93.15 (2016-08-15): 2nd temporarly daily low after gap into the trading zone back again 91.31 (2016-08-11): 1st daily low after gap into the trading zone back again Don`t run after the share - like a missed bus ... 109.75 (2016-09-22): temporarly high - meanwhile yearly high 2016 107.71 (2016-09-23): Friday (last trading) Closed 105.45 (2016-09-15): temporarly high - meanwhile something like a support line 104.27 (2016-09-06): temporarly high - meanwhile something like a support line 98.85 (2016-08-15): temporarly high - meanwhile something like a support line Use lower intraday prices as an entry. The best case scenario should be even the last both supporting lines around 105.45 & 104.27. Prices once again around 105.45 & 104.27 would - on one side closed the gap (between 106.18 & 106.77) and on other side he bulls could take breath again to climb by the next run trough 110 USD without any problemes. Even into new yearly highs 2016 ... Take care & analyzed it again - it`s always your choice ... Best regards 4XSetUps
NYSE:BABALong
by Devise2Day