Alibaba: Beware of potential move

2024년 10월 23일

Alibaba is at a price point and wave structure where it could be either a potential strong reversal or a crash.

If i have to call a side, I am more bias short because I think global equities are ripe for (short) harvesting. The stop loss that I put in this idea shows that I am cautious about being wrong, but as you can see, it is not at any obvious resistance, showing my short bias.

2024년 11월 18일

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