NQ! show strong move after Break out the 7358.5 Each time retest 7360 area (strong support) is a good entry point. Wait NQ! touch the rising wedge upper band. It is time for short trade.
Background from CML Combining Technicals With the One-Week Pre-earnings Momentum in Alibaba Group Holding Limited. There is a bullish momentum pattern in Alibaba Group Holding Limited (NYSE:BABA) stock 7 calendar days before earnings, and we can capture that phenomenon explicitly by looking at returns in the option market and looking at a simple technical...