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BABA...
Mar 3, 2015 22:37:54 GMT -5
Post by birthmark on Mar 3, 2015 22:37:54 GMT -5
Haven't checked BABA in awhile. Wow. It's taking a beating.
How low will she go???
GL
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Post by huh on Mar 4, 2015 8:12:46 GMT -5
Haven't checked BABA in awhile. Wow. It's taking a beating. How low will she go??? GL IPO price was $68. Hoping maybe around there. Expecting it may bottom about the time S&P tops. Also keeping an eye on AMZN - could see insti $$ move from it to BABA (and perhaps why AMZN is doing a head test of all-time highs right now).
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Post by huh on Mar 4, 2015 10:00:01 GMT -5
BABA could rise to backtest the broken support/bearish pattern as high as ~83.90.
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BABA...
Mar 4, 2015 11:11:18 GMT -5
Post by huh on Mar 4, 2015 11:11:18 GMT -5
BABA could rise to backtest the broken support/bearish pattern as high as ~83.90. Now a potential pattern pointing slightly higher than 85.00. We'll see.
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BABA...
Mar 4, 2015 13:25:25 GMT -5
Post by huh on Mar 4, 2015 13:25:25 GMT -5
BABA could rise to backtest the broken support/bearish pattern as high as ~83.90. Now a potential pattern pointing slightly higher than 85.00. We'll see.
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Post by huh on Mar 5, 2015 8:57:28 GMT -5
Now a potential pattern pointing slightly higher than 85.00. We'll see. Decent pop if you grabbed any of that yesterday. If BABA now loses 84.95 support, would expect lower lows still (in order to form a bottoming pattern).
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BABA...
Mar 5, 2015 15:33:48 GMT -5
Post by huh on Mar 5, 2015 15:33:48 GMT -5
Decent pop if you grabbed any of that yesterday. If BABA now loses 84.95 support, would expect lower lows still (in order to form a bottoming pattern). Oops, they tricked me on that one. Should have been watching this one closer. Has a couple resistances up ~86.80-87.00. Over that and it could really move - though I'd wait for an open over that versus a close - that will be the first test of a steep, 2 month downtrend channel it loses back on 01/29 (meaning it could gap either way after testing it).
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Post by huh on Mar 8, 2015 9:39:42 GMT -5
IPO price was $68. Hoping maybe around there. Expecting it may bottom about the time S&P tops. Also keeping an eye on AMZN - could see insti $$ move from it to BABA (and perhaps why AMZN is doing a head test of all-time highs right now). "...could see insti $$ move from [AMZN] to BABA..." Surprise! Amazon opens online marketplace on rival Alibaba's TmallSort of supports my theory. BABA still not a buy yet - needs over 86.60's or lower first for that to happen.
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