ALIBABA GROUP HOLDING LTD AMERICAN DEPOSITARY SHARES EACH REPRESENTING ONE ORDINARY SHARE

Beta chase game on. How's that accounting issue? Forgotten, I guess.

This week, BABA lost $10.00 a share, believe that this stock will go down to at least $135.00 area in next couple of months. See Chart for details. Only thing you need to watch is this stock has less then a two year track record. Major support area is in between $120-$110 area. Will be shorting BABA for rest of year.

Looks to be setting up for a head and shoulders bottom pattern, which should in turn break the the resistance line plotted in yellow.

No judging—This is strictly for fun to see if one of the drawn routes actually happens. Curious to hear any thoughts...or how off I might be. From reading everything published 08.16 it seems like options traders say a 4.7% sway in either direction is possible after ER. I'm anxious to see if there's a dip, spike, dive or rocket. Only 10 hours left!

Keep an eye on this 3rd wave that can target an area between 106-135

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BABA Long

gann chart shows baba is short

Possible Short

Closed calls this morning. China tech held strong today, relatively.

$BABA Resistance 162.54 , 155.96 ER on Thursday 8/17 before market opens

NYSE:BABA https://www.tradingview.com/x/yYOk88cC/ BABA did a nice consolidation between $150-$160 region for the past 2 weeks. The pullback also sent BABA back into the "valuezone" where a slingshot trade is likely to happen thereafter. A breakout of BABA happened yesterday and it closed at a high of $158.84. Technically, I would expect the breakout to face ...

Wedge on 30 min chart for a breakout into $155-160 into earnings week.

BABA sitting at strong support area. Due for bounce?

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The overall trend remains bullish

Please refer to chart, believe that once H&S is broken will go down at least $5.00 or more.