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UnknownUnicorn1020621

BABA followup! 3rd times the charm!

Alibaba Group Holdings Ltd. (NYSE:BABA)  
UnknownUnicorn1020621 Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Harmonic Patterns Wave Analysis BABA short Bearish Patterns Bullish Patterns longterm options analysis Stocks
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trendanalysis harmonicpatterns waveanalysis baba short bearish bullish longterm options analysis stocks
This is an aggressive trade, please refer to my previous analysis for more details. The bearish theory is based on the wave theory. This is a challenging stock to trade! I couldn't predict the short-term stock movement by using patterns and support line. Our goal is to get some quick cash and buy some long-term options with the house money.Traders make mistakes, that how other traders make money! I do not recommend this trade for an unseasoned trader. If the top or the bottom support break, the chart will be updated. The trading is active for now!
Trade active:
Short 185.48 with Stoploss 186.66
Trade closed: stop reached:
This stock! 4th try at 191.00
Trade closed manually:
Stupid stock! I have to allocate the capital to more fruitful trades. I took back what you took from me! hahaha!
Comment:
BABA BEAR / BULL (This is for FYI only) is still valid.

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