I will take the opening to get LONG on ALIBABA stock.
a- MARKET open and price go straight to R2 pivot level at 200
b- A retest around 192 ish level to target R2 pivot level at 200
Obvisously scenario 3 with invalidation at 187 level (which is ok and included in the risk management).
AMAZON is following its trend and is currently sitting on the R1 pivot support.
This level is giving me confidence that the price will use this new support to reach the nexte level : R2 pivot at $2030.