BABA double bounce Long (possible head and shoulders)

19 พ.ค. 2020

BABA Retested its R2 resistence now support line and bounce. Looking to form a slight head and shoulders pattern before heading to R3 / R4 higher highs.

BABA just got added to HONG KONGS index today so we should be looking for an upgrade in price target soon.

Option A- We re test R2 again forming a head and shoulder pattern before we go test R3

Option B- We continue to follow up trend from the double bounce for R3 / R4

Like if found helpful

19 พ.ค. 2020

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Broken Head and shoulders were formed now looking to start its uptrend again hope everyone got a good entry on the shake off.

20 พ.ค. 2020

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With the Chinese delisting news. Ive flipped the script cashed out on my calls and re entered into put side for this thing to crash down.