letslearn

Baba everyone has a say and me too

Long
letslearn Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Repeating myself
Monthly fib in red, weekly in Blue and short term in Pink
Now let's see where we are, We have gone below 78.6% monthly fib level and ideally I was not expecting that but because it has not closed below 78.2% weekly basis, can we consider 108 as low for now? If yes then what is next level weekly? around 160, that's a big range from 122 but not impossible. Just to be clear I believe eventually it will go below 100 unfortunately but at least not now. Agree or disagree???
Comment:
Still in the range, this is just a noise before it starts to go up. Remember 108 is the low for now.
Comment:
Nothing to worry about, normal retracement until the last cent upto 108.
Comment:
I know it's looking like sky is falling but it's not 111 is not less than 108. Patience and discipline. if 108 is taken then you know the meaning of stop loss. good luck
Comment:
Let's make the stop loss to 110 now. I hope people are following it.

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