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fredpui

$BABA could drop further

Short
Alibaba Group Holdings Ltd. (NYSE:BABA)  
fredpui Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Gann Wave Analysis BABA TIME
7
21
gann waveanalysis baba time
BABA could drop further tonight. Using time analysis, the down wave took 10 days and the recent retracement took 5 days and it touched short of the 50% retracement.

down target is 180.
Comment:
July 19 - Alibaba (9988) dropped along with Chinese big tech like Baidu.
Comment:
july 23 - 4% drop premarket

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