NYSE:BABA   ALIBABA GROUP HOLDING LIMITED AMERICAN DEPOSITARY SHARES EACH REPRESENTING ONE ORDINARY SHARE
At this moment, the charts seems to be showing us that it is at a Support turned resistance zone .
I see price potentially dropping further to complete the Crab pattern at around the $138 levels.

Let's see where this goes.
Trade active: Actually I took a small trade as the price when down. Having a target of $138 for my short before I go long based on this chart
Trade active: Here was where I shorted (at a resistance)

Trade closed: target reached: Closed off my shorts !! Really nice move without much of a heart attack. Ladies and gentlemen..... I believe the stock market will be recovering for the coming next few days.
how many touch points usually in a channel, 5 at the top? I wonder if we're done. Can't go below 4th correction...are you following fibs and elliotts or?
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
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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