Will BABA Bounce?

30 Nis 2020

Hoping we can hold the 199ish and take a bounce on the uptrend. Would love to see a break through of $210. Lots of questions moving into tomorrow...Amazon ER effect? China News? Tomorrow is a make or break kind of day.

2 May 2020

Not

Trump's rant hurt BABA today and we saw a drop down to the retest line. Thinking we'll make a bounce next week and get things back on track. If we get a breakdown of $193-194 support, things may get ugly. Still holding the trendline on monthly chart and I believe we will still see 250-300 before the potential split.

Now just hoping Trump doesn't do or say anything stupid over the weekend and looking forward to getting some info in the ER.