BABA: Most probable scenario (8/27)

٢١ أغسطس ٢٠٢١

Everyone is in shock of how BABA is collapsing these days. The selling volume seem to be maxed out for this drop as is evident in RSI. There is a high change of testing 12 MA around 170 in the following week. But the bear market is not over yet. After next week's dead-cat-bounce, BABA should keep dropping till it hits 130 in the upcoming months. From there, there could be another bounce or even a reversal fueled by their earnings.

٢٤ أغسطس ٢٠٢١

ملاحظة

Spot on!

٢٧ أغسطس ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

First target was almost reached. Let's see if we are going back inside the green box now or heading back to the red box.

٥ أكتوبر ٢٠٢١

ملاحظة

Second target is very close. 3-5% to go!