Genghis
Long

Alibaba Nov'16

NYSE:BABA   ALIBABA GROUP HLDG LTD
90 2 3
Gap fill into support.
Break support and we should get back into 70s. Looking to buy sub $72
Comment: Consolidated off support. Key levels 91.84 or 89.20
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Comment: My plan
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Comment:
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Comment: this would be ideal... wait and see
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Comment: fresh look
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Comment: Correction. 96 being key level. Favour the short until that taken out
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Comment:
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Trade active: Long at 96.07, SL 94.65
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Trade closed manually: Closed out long
Comment: Short actually makes sense with the trend line erosion
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Comment: still entertaining idea of short risking a move above 109
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Comment: It just kept going
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How high will it go do you think in the next wk or so
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http://seekingalpha.com/news/3224277-suntrust-robinson-humphrey-cantor-fitzgerald-maintain-alibaba-115-plus-targets-despite-sell
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