NYSE:BABA   Alibaba Group Holding Ltd.
It’s not easy buying support, red candles , big down move into sideways consildation, you feel like and idiot , you feel like your going to get wrecked but if you can find a good risk to reward area and buy that spot it should pay off as long as it holds. I was discussing last BABa post that these lows are looking solid. Weekly candles are bouncing over and over on the same range. Keep watching those weekly wick ranges and as long as we contiue holding the trail to 180s will be coming. I’m still long from my 88$ area I held through and just averged down in the 87s as I was feeling confident this will hold. Good lu k

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