mazdaki
Short

BABA ahead of Earnings Short

NYSE:BABA   Alibaba Group Holdings Ltd.
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probably not the smartest move but currently at Mean+2 stdev uptrend since initiation of the IPO and with an upside Mean+3 stdev of 106.74. there seems to be a more of a potential to the downside than immediate upside. as stated before will enter long at about $92 support if the earning is inline with estimates. If the earning and projections are below estimates there may be a sharper downtern.
not a blowout earning... so we are going to go down ... first stop about 92 mark
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