TAS
Short

ALIBABA correction-expecting to touch the trendline

NYSE:BABA   ALIBABA GROUP HLDG LTD
167 6 10
ALIBABA correction-expecting to touch the trendline on three waves down
Comment: Wave 4 looks to be ending
Comment: I see 3 hits on a bottom of a triangle. It could still come down some more. Look for the breakout of the triangle and the harmonic pattern.
snapshot
following this chart/idea - of yours - from some weeks now...and, what do you think about 93 as an entry point? thank you!
Reply
TAS toner
@toner, Hi, glad to hear that. Your entry should acomudate a logic stop below the start of 1. Here are two possible paths, the safer entry would be at the break of the dashed trendline arround the break of wave 1 high.
snapshot
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@TAS, thank you so much! not just for reply but for your analysis too! I will set protections (as usual) and follow this wise strategy! thanks a lot again and again!
Reply
TAS toner
@toner, Please do your own analysis also to confirm. Don't use other peoples setup charts. Use them as ideas only, not as your setups. Trade safe
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@TAS, I do always, I usually use this platform to confirm my ideas and strategies (overlap, fixing, etc). sorry to make you in alarm about my behavior (I will be more specific in future) but GOOD to underline - alway - the purpose of this community!
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TAS toner
@toner, glad to hear that. I get many people asking me when to enter, and i try to help, and orienting traders to safe trade that's an important thing to me.
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