Needlez33

Baba got a rough week ahead

Short
Needlez33 Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Not financial advice just speculation
The only thing i forgot to mention in the video was RSI which shows a lot of room for more descent.
Order cancelled:
My $160 entry point never triggered so I did not enter. Still bearish though and i will wait for another opportunity to present itself.
Trade active:
Entered at $165. It just became my earnings play for the week. I have a $170 stop loss in effect.
Trade closed: target reached:
Exited at $159 will post a follow up video on what happened.
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