What do you guys think of BABA?

2021-11-18

Hey all ~ Are you guys trading $Alibaba(09988)$ ? I personally see a descending trendline resistance , signifying bearish momentum. I can expect price would potentially drop from the pivot level in line with 38.2% Fibonacci retracement to take profit level in line with 127.2% Fibonacci projection. My bearish bias is further supported by Ichimoku cloud acting as a strong resistance.

Potential Pivot level @ 164.2

Potential Take profit level @ 131.2

Potential Stop Loss level @ 182.4

$Alibaba 5xLongSG220608(DGFW.SI)$

$Alibaba 5xShortSG230627A(DWNW.SI)$

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

精彩评论

kyesayshi
2021-11-21
kyesayshi
i think it's a great time to accumulate for 2022 for sure!
winstonleong
2021-11-21
winstonleong
Be patient
mark01bravz
2021-11-20
mark01bravz
do you understand the vie structure ?
Jaylen96
2021-11-22
Jaylen96
Good
benlowkk
2021-11-21
benlowkk
Baba supoorter
kees
2021-11-21
kees
Cool

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I can expect price would potentially drop from the pivot level in line with 38.2% Fibonacci retracement to take profit level in line with 127.2% Fibonacci projection. My bearish bias is further supported by Ichimoku cloud acting as a strong resistance.<img src=\"https://static.tigerbbs.com/5420f6be14d78593ed642a6a083f5b31\" tg-width=\"1600\" tg-height=\"756\">Potential Pivot level @ 164.2Potential Take profit level @ 131.2Potential Stop Loss level @ 182.4 <a href=\"https://laohu8.com/S/DGFW.SI\">$Alibaba 5xLongSG220608(DGFW.SI)$</a><a href=\"https://laohu8.com/S/DWNW.SI\">$Alibaba 5xShortSG230627A(DWNW.SI)$</a></body></html>","text":"Hey all ~ Are you guys trading $Alibaba(09988)$ ? I personally see a descending trendline resistance , signifying bearish momentum. I can expect price would potentially drop from the pivot level in line with 38.2% Fibonacci retracement to take profit level in line with 127.2% Fibonacci projection. My bearish bias is further supported by Ichimoku cloud acting as a strong resistance. 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