Next Leg Up for $BABA
Long the sh** out of BABA if it hits 5 min RSI 30 and stays above thick blue resistance. Might gap up in Hong Kong market.
Target is 330s and 340s or where that thick upper blue line is at the date it hits.
Target is 330s and 340s or where that thick upper blue line is at the date it hits.
Note
Baba continues to test thick blue line area, will eventually break and holdNote
BABA rejected the gold and blue middle lines, looks like it wants to test lower resistance so would get puts here. You can enter at RSI 70 at the 5 minute chart or 1 minute charts for better short entries.
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