UnknownUnicorn1020621

BABA followup! 3rd times the charm!

UnknownUnicorn1020621 Aggiornato   
NYSE:BABA   Alibaba Group Holdings Ltd.
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!
Trade attivo:
Short 185.48 with Stoploss 186.66
Trade chiuso: stop raggiunto:
This stock! 4th try at 191.00
Trade chiuso manualmente:
Stupid stock! I have to allocate the capital to more fruitful trades. I took back what you took from me! hahaha!
Commento:
BABA BEAR / BULL (This is for FYI only) is still valid.
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