ALIBABA @ 1D Chart @ Basic Scenario technically beaten
Updated
Trading Capabilities
98.03 < 99.61 : long entry option
92.78 > 90.09 : short entry possible
Take care
& analyzed it again
- it`s always your choice ...
Best regards
4XSetUps
98.03 < 99.61 : long entry option
92.78 > 90.09 : short entry possible
- Bulls could go long into 109.66 at least, to beat a wave and create new b high (may be 2017 with new all time highs)
- Bears could go short into 87.70 at least, to beat B wave and create new Basic Scenario
Take care
& analyzed it again
- it`s always your choice ...
Best regards
4XSetUps
Note
heavy heavy stuff - from the technical point of viewWe`ll se if the B holds - it would manifest a good SetUp (double botton)
How ever, yesterday closed by 90.99 BABA is not oversizing me - i am NEUTRAL under 96 > 92
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.