psc230

$BABA Earnings week and Chinese volatility (Fibonacci edition)

Short
NYSE:BABA   Alibaba Group Holdings Ltd.
Hello my children of the night!!!

I dunno, just trying stuff out. Anyway, moving on...

$AMZON missed earnings and tanked last week. I'm betting $BABA will do the same this Tuesday, especially given the uncertainty around Chinese stocks and regulation.

I used trend-based Fib retracement and extensions to guide my projection, and of course, my patented "Marijuana Cloud" method foreshadows the pre-ER run up, followed by the post-ER dump.

What do you think? Kiss 200 before dump to 180?

Let me know in the comments below, my children of the night!

Still weird? Okay. Sorry. Just wanted to make sure.

Bye.

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