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TOPIC: BABA

BABA 01 Sep 2021 15:19 #1

  • Shotry
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Price is currently at 173.93. So it's challenging the neckline that would suggest activation of a 123 low formation. A favourite here. Rejection, might see a relatively quick closure of the gap to around 163 (2h chart).
All it takes for the triumph of evil, is the silence of 'good men'
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BABA 31 Aug 2021 14:42 #2

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That was meant to be 172.5. Also, it's a big market, so that's 172.5 dollars.
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BABA 31 Aug 2021 14:36 #3

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This may have finished falling. Big market, current price 168. Gapped up on open today from 162.3. That gap might very close. I'll add to my position (opened at 161 ish) if that gap closes or on what I consider swing low entries from here. If it really has bottomed, it could form a good uptrend from here. A close above 17.5 on any 2h period would seem to give a 123 break to the upside.
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