Green Monthly candle on Baba

アップデート済
Monthly candle suggests long
Need to break 78 (volume spike) and first weekly close above it
Then needs to break above 86 (volume spike)

Most likely scenario is sell before earnings on Jan 31st as China is under deflation (weak population growth and interest rate going down not up as Chinese CPI is negative)
ノート
Baba most likely bearish scenario is rejection at last earnings at volume spike
ノート
No volume spike to support long positions so watching closely for any bearish action like lower low.
ノート
Exercise caution, weekly lower low set.
Let's see how this weekly candle closes
Out for the moment
注文をキャンセル
トレード稼働中
Tested 20 day SMA
トレード終了: ストップロスに到達
Pump on high volume and dump on low volume. Not good for longs.
Might close on open tomorrow
Chart PatternsTechnical Indicators

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