$BABA-SW (09988.HK)$ technical analysis is no use in all Chi...

1st of the 10 trades : can de see my post but I agree with you if we trade higher timeframe we can't exit quick enough as news can take effect in 1 hour , so if I can trade like weekly really unable to exit timely. but in this case I exit perfectly.

and I feel fundamental are useless to be honest except for  calculating  intrinsic value based on forecast and historical data only. other than that all information are just noise and useless.

1st of the 10 trades : as technical is the objective measure of seeing big money flowing our rather than news which is manipulated , lag and incomplete information as we are just outsider of the company unless you are jack ma.

even jack ma also unable to predict future changes but he is much better position than us to understand the real value of company.

28282828 : Let the dust settle first and see where the price range before decide

Btan : Chill guys. This tumble is normal. It will shoot back up again - trade history has proven it time and time again

1st of the 10 trades : yes we see how the price close today first as it can slipped big then come back up again.

and continue my previous say why technical can see even for news like earnings released is because if the big money already tried to exit position they can't exit in one goal but slowly and strategically as not to alert the retail investor, but he can't avoid to be detected by trader like us.

so the technical analysis will tell the true story as volume and price action can't cheat if u know how to interpret.

Btan 1st of the 10 trades: We sound like we are trading in millions haha. Anyway, it will correct itself - Baba is making tons of profits and cash every quarter. The shelving of a few IPOs is temporary