This is a TA video, not a science. We are doing a simple analysis using MA, waves, and pattern for the Alibaba stock. I might be right, or I might be wrong but this is the way I view this stock. Thanks for watching.
This video will adjust to the correction in my previous analysis. TA changes with the price action, we only initiate our position when the stock is completely obeying the plan, if it acts funny, we need to be able to ditch it like an unloyal GF XD.
This video will adjust to the correction in my previous analysis. TA changes with the price action, we only initiate our position when the stock is completely obeying the plan, if it acts funny, we need to be able to ditch it like an unloyal GF XD.
Trade closed: target reached:
I had 190 short-term calls for the next week, I just sold it because the stock reached its target. TY
Comment:
Now I am going to wait for a confirmation to buy puts...
Comment:
bought my puts .. now its a waiting game.
Trade closed: stop reached:
we will need to see more price action from baba. The market is overly bullish.
Comment:
enjoy the video