carley621

BABA - day trade set up

NYSE:BABA   阿里巴巴公司
178 3 2
Day trade for BABA
評論: W
評論: that was a great 5 min
great win! noob here...may i ask how u came up with the 192 and 196 levels?
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@kdiddy, Hi this is based on the hourly chart but you can apply this logic to any time frame. If you look at 1/9 that was a double top of the 192 and failed. Then on 1/24 there was a gap up off the 192 level, so that tells me if it stalled there and gapped from there that would be a strong resistance and/or support level. Now, if you look at the past high from a few days ago the 189 level you can see it failed, So my thinking is if it breaks that resistance level that it should go back to the 1/24 gap level.
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The Fast and the Furious!
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