@LDAMATO, Hi thanks for reaching out. Idk, thats been a huge support for BABA. Right now Im bullish until earnings give the bullish divergences on the MACD and Force Index with a target of around $180. With a bad earnings anything can happen though!!
LDAMATO
⋅
@ntourney777, right now we are in a limbo with baba , baba now at $177
LDAMATO
⋅
@ntourney777, We can see the physiological phenomenon of overbuy at this prices because of the earning report that can boost baba again i think to , instead of the technical analysis.
What do you think ?
ntourney777
⋅
@LDAMATO, ya exactly, i just closed this one out, hit the upper envelope so taking my profits. I could see it going both ways.
You think can break the $164 after earning call ?
Thank you.