TradeVulture

BABA '14 vs TXN '00

NASDAQ:TXN   TEXAS INSTRS INC
143 1 2
Comparing the current BABA crash with the TXN             crash of 2000. What's really interesting is that BABA has made a new low from the lows around the IPO             . TXN             went and tested the leg start from its IPO             . I'm looking to see if the BABA bear flag breaks to the downside, or if this is accumulation, where we would see bearish momo being offset to pop back to big support lost. This would then become a bear trap. But I'm really curious now, because we made a new low. If the BABA bear flag breaks to the downside and holds below 80, I have a target in the 60s.
TradeVulture
a year ago
Count it.
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