This guy has a long way to go - even if it trades sideways at this rate it wouldn't break the down trend until late April...could be a good guess as it seems to have some support on it's last big vol shelf. No position.
BABA
BABA
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tracking...
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tracking...
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lost my support line... will need to reassess. No entry.
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ugh - kicking myself for not shorting this when it broke support... down she goes.
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April is around the corner... needs to break trendline and show confirmation in some way.
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Relentless trendline.
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big move, bullish candles - but still below the trendline.
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still has not broke trendline...
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been a long time coming... trend line appears to have been broken.