BABA: Most probable scenario (8/27)

2021年8月21日

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.

2021年8月24日

注释

Spot on!

2021年8月27日

交易结束：到达目标

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.

2021年10月5日

注释

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