Baba

I shorted baba yeateday at 94.40 and rode it down to 90.50. I closed. My thesis here is prior to pumo to 105$ we had a tripple wick to 88.17/88.25


This is a huge potential support if we can flip this here. Seems logical to go long at this level I am in calls 91$ calls out for may.

I think as long as we hold 88$ as support this idea is valid. A breakdown of 88$ will lead us towards 85.50 again which was the breakout level.

I am long BABa today at 88.25 as I had been waiting for this level for a bit