Longing on BABA
$BABA-SW(09988.HK$
Hey guys! Anyone else eyeing Prices have broken a key resistance and our descending trendline at 109.5Looking to get in at the buy entry @ 110.2 in line with 78.6% Fibonacci projection and also horizontal overlap. Probably going to long to 123.55 in line with 50% Fibonacci retracement and have my stop loss at 96.95 in line with 38.2% Fibonacci retracement. MacD is also supporting our bullish bias.
Hey guys! Anyone else eyeing Prices have broken a key resistance and our descending trendline at 109.5Looking to get in at the buy entry @ 110.2 in line with 78.6% Fibonacci projection and also horizontal overlap. Probably going to long to 123.55 in line with 50% Fibonacci retracement and have my stop loss at 96.95 in line with 38.2% Fibonacci retracement. MacD is also supporting our bullish bias.
Entry: 110.2
Take Profit: 123.55
Stop Loss: 96.95
What do yáll think?
What do yáll think?
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Matthew D : Gg everytime this account post shitty TA, SP move in opp direction to trap retail
Kohson :
US order book start at 111, which will reflect HK alibaba price for tomorrow