Trader_Joe_Lee

BABA bearish bat pattern and daily shooting star combination

NYSE:BABA   알리바바 그룹 홀딩즈 Ltd.
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!

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.