Baba
I shorted baba yeateday at 94.40 and rode it down to 90.50. I closed. My thesis here is prior to pumo to 105$ we had a tripple wick to 88.17/88.25
This is a huge potential support if we can flip this here. Seems logical to go long at this level I am in calls 91$ calls out for may.
I think as long as we hold 88$ as support this idea is valid. A breakdown of 88$ will lead us towards 85.50 again which was the breakout level.
I am long BABa today at 88.25 as I had been waiting for this level for a bit
This is a huge potential support if we can flip this here. Seems logical to go long at this level I am in calls 91$ calls out for may.
I think as long as we hold 88$ as support this idea is valid. A breakdown of 88$ will lead us towards 85.50 again which was the breakout level.
I am long BABa today at 88.25 as I had been waiting for this level for a bit
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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.