Unless BABA gaps down and opens below $145, I don't really anticipate a bearish swing or day trade maneuver.
If BABA gaps up to an all time high (likely) probably fades / retests the gap <like last earnings> and keeps with the trend.
#buythedip
If BABA gaps up to an all time high (likely) probably fades / retests the gap <like last earnings> and keeps with the trend.
#buythedip
Note
Based on this analysis - this is the trade we just nailed in the morning room. :-) Latoya Smith [7:56 AM] <pacific time>
BABA 165.5 X 164.59 CHANNEL missed the Fade! but let's see about this reversal
[7:56]
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.