Falling knife Short

NYSE:BABA1D

Alibaba Group Holding LimitedNYSE

Description

⋅ Feb 23, 2021 2:42 PM

Baba is a falling knife . Can touch 190-180 which is the actual demand zone to create shakeout structure.

Comments

TukkaNomist

⋅ Feb 24, 2021 3:52 AM

I am not aware about the minor bounce. My assumption is based purely on my previous view of demand and supply zone along with the candle structure in that zone.

silver_78

⋅ Feb 23, 2021 4:18 PM

Agree:-) however, can bounce to 260