I know everyone expects BABA to hold a higher low on the high time frame charts, but I expect new lows. Whenever my projections show a level below a prior swing low I dont risk going long until we get to the box. I will miss this trade if it holds and doesnt make new lows to my box.
In part 1 and 2, I covered NIO and BIDU and I see a very similar play with those stocks as well. My target will be $157 on BABA.
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