Reallifetrading

BABA pre earnings analysis

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
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
Comment:
Based on this analysis - this is the trade we just nailed in the morning room. :-)

Latoya Smith
BABA 165.5 X 164.59 @channel missed the Fade! but let's see about this reversal




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