$BABA trail still leading down some more.
BABA still in a range were short sellers can squeeze more out of it. They like to trap traders were their expectations are met. Head and Shoulder pattern still in play on the " X " move down. Catalyst in mind, Chinese New Years for the pivot pattern to the up side.Support Area I'm looking for: 196- 190
Short Term Target Area: 250
Short Term Target Area: 280
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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.