deepthinker wrote: ↑Fri Nov 26, 2021 10:41 am
Your outlook On BABA has come to pass. I am glad I waited. Is the selling over is it time to nibble or can BABA trade lower
To those that shorted BABA and held via puts congrats, the trade has paid very well.
As stated on Nov 19th if the Support did not hold then 111 to 119 were likely targets. Looking at it today, it could potentially drop below 100 (though momentarily) at that point it's very likely to become a screaming buy
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
