BoonHooi

BABA - Bullish Crab pattern completing lower

Viés de alta
BoonHooi Atualizado   
NYSE:BABA   Alibaba Group Holding Ltd.
At this moment, the charts seems to be showing us that it is at a Support turned resistance zone.
I see price potentially dropping further to complete the Crab pattern at around the $138 levels.

Let's see where this goes.
Trade ativo:
Actually I took a small trade as the price when down. Having a target of $138 for my short before I go long based on this chart
Trade ativo:
Here was where I shorted (at a resistance)

Trade fechado: objetivo atingido:
Closed off my shorts !! Really nice move without much of a heart attack. Ladies and gentlemen..... I believe the stock market will be recovering for the coming next few days.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.