BABA is a stock that pays good respect to harmonic patterns as it went several patterns in a row since last December.
After its earning day rally, it's hitting the bearish bat area and gave a shooting star in front of 200 fig.
Frankly speaking , I am much more bullish on BABA based on its business,
so this pattern has more meaning to take profit on the long rather than opening a new short for me.
After all its a nice daily combination in terms of harmonic patterns trading, with abundant EMA correction rooms.
Let's see how it goes!
After its earning day rally, it's hitting the bearish bat area and gave a shooting star in front of 200 fig.
Frankly speaking , I am much more bullish on BABA based on its business,
so this pattern has more meaning to take profit on the long rather than opening a new short for me.
After all its a nice daily combination in terms of harmonic patterns trading, with abundant EMA correction rooms.
Let's see how it goes!
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.