BABA: Bat pattern if plain sight.. take profit at $130.

May 24, 2019

BABA Bat pattern in play. Take profile at leg C $130.
However, RSI already indicates oversold, so it may not reach TP target.

Jun 1, 2019

Trade active

Falling trend continues and broke 0.3 fib retracement ($150 range).
If we entire $145 zone can slowly start to close short and add long position.

Jun 1, 2019

Note

Better graph.
Oversold now but I think after short rebound will continue down to $145.

Jun 11, 2019

Trade closed: target reached

$147 reached.