ALIBABA @ 1D Chart @ Basic Scenario technically beaten

20. Nov. 2016

Trading Capabilities
98.03 < 99.61 : long entry option
92.78 > 90.09 : short entry possible

• Bulls could go long into 109.66 at least, to beat a wave and create new b high (may be 2017 with new all time highs)
  
• Bears could go short into 87.70 at least, to beat B wave and create new Basic Scenario
  

Take care
& analyzed it again
- it`s always your choice ...

Best regards
4XSetUps

6. Dez. 2016

Anmerkung

heavy heavy stuff - from the technical point of view
We`ll se if the B holds - it would manifest a good SetUp (double botton)

How ever, yesterday closed by 90.99 BABA is not oversizing me - i am NEUTRAL under 96 > 92