BABA has retraced from its all time high a lot This is ok, as it has provided a lovely buy opportunity (buy the dip) I expect price to move up along the 4.618 circle, and make a recovery Attaching my thoughts about how price tends to move up along the circle.
If Ali Baba goes down 130$ it can easily crash to 100$ than 87$ and than 60$ just hope is dont goes below 130$ because than its in free fall with no end in see
SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...
Weekly Chart for ALl BABA holders Be strong we will see all target HOOOOLD Regards NYSE:BABA
Question from a member, so I figured a video would do!