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HumanBias

Possible short-term correction to $247.5

Short
Alibaba Group Holdings Ltd. (NYSE:BABA)  
HumanBias Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Chart Patterns Technical Indicators Fibonacci Retracement 200ema-pullback
2
1
trendanalysis chartpattern indicator fibonacciretracement 200ema-pullback
Confluence of fib. 0.618 and the 200EMA in 1h timeframe. MACD bearish.

Comment:
Closing above $259 will invalidate this idea
Trade closed: stop reached:
Stop reached and Ant’s IPO coming this year so this is very bullish IMO.

Good luck and trade safe!

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HumanBias
Price target $275
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