timwest

Alibaba Group - BABA - Daily - Key Hidden Level Support

NYSE:BABA   Alibaba Group Holdings Ltd
Why did BABA hold the level it did in the recent pullback?

It is the level where earnings were released on the way up - so there were natural buyers who wished to accumulate stock at that level who were waiting to an opportunity to buy at their price. They didn't want to chase after shares after the earnings report, rather, they lay in wait for a chance to buy them.

It is essential to know where a stock was just before, during and just after earnings were released to give you the keys to the "hidden levels" of support and resistance in a stock chart. This technology is now available to you through TradingView.

Tim 2:33PM EST 12/2/2014
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
Tim, the story gets even better when clicking the "Load New Bars" & Baba. Two bars broken thru, and the last snapped back. Very interesting. Thx!
Reply
Also happens to be the .618 fib retracement
Reply
timwest YoungMula
The cool thing about the key hidden levels is that the lines are drawn automatically. If you can have a script draw the fib line for you, then that would be great. Right?
+1 Reply
yes that would be great! how can we get the script? what's it called?
Reply
IvanLabrie YoungMula
...but where to draw the fib from?
Reply
And TV isn't just mere charting tools, it contains numerous, valuable lessons taught by contributors like yourself. Thanks, Tim West!
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out