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UnknownUnicorn1020621
18 Th11 2017 23:06

BABA followup! 3rd times the charm! 

Alibaba Group Holding LimitedNYSE

Mô tả

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!

Giao dịch đang hoạt động

Short 185.48 with Stoploss 186.66

Đóng lệnh: dừng lỗ

This stock! 4th try at 191.00

Giao dịch được đóng thủ công

Stupid stock! I have to allocate the capital to more fruitful trades. I took back what you took from me! hahaha!

Bình luận

BABA BEAR / BULL (This is for FYI only) is still valid.
Bình luận
JackPotCF
Are you sure shorting is a good idea with black friday approaching?
UnknownUnicorn1020621
@JackPotCF, I do technical only. The trade is closed for now. This is the only failed trade I have ATM :( but hey, that that lol.
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