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May 5, 2017 5:03 PM

BABA looks to break the 1 hr cloud Today or Monday 

Alibaba Group Holding LimitedNYSE

Description

BABA already broke the monthly candle and near weekly lows. I use the 1 hr cloud for potential swing ideas. There is reason to believe this one will go lower next week. I also look at price profile. Right below a volume void from here. BABA trading on the 200 SMA 1 hr here. Price below 114.50 suggests low prices to come. China stocks under pressure today.
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