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HumanBias
Dec 14, 2020 1:15 PM

Price projection till mid 2021 (10% prob.) Short

Alibaba Group Holding LimitedNYSE

Description

Just a 10% prob. for me if something goes wrong with Global Economy (recession) due the COVID waves post-Christmas and pre-vaccine...but it don't predict the global monetary policies...I wish this would not happen

Comment

3 fib retracement confluences between 230 and 220. This is my price target. MACD in Weekly validating this target.
Comments
psycoxand
how you calculate the 10% of probability ?
HumanBias
@psycoxand, technically the probability is higher but the context tailwinds makes me not so much confident about this idea. 10% is aprox. I'm preparing some scenarios and I assigned for this one 10% prob. ¿Thoughts?
savemoney2020
good luck with that 10% chance
HumanBias
@savemoney2020, that's why I'm personally going mid-term-long because the context tailwinds, but technically it's remarkable.
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