EYFMarkets

BABA aka ALIBABA Idea

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NYSE:BABA   阿里巴巴集團控股公司
G'day Guys. How ya doing?

Today we start our analysis with different from Forex. As our previous posting still valid and on progress following our projections.

Here our today first market preview. I believe most of you guys know about ALIBaba.

Let's me elaborate the idea. Base on bigger time-frame this pair showing of an minor trend, what i can see here this pair started losing a momentum to keep fighting with outside financial markets. In human behavior perspective,
this pair taking time to re-planning and restructuring their company to keep sustain in the markets.

I strongly believe this company on going creating a new business or a new competitive product. So I am not shock if Alibaba has something new soon.

In technical perspective, investor looking for liquidate their investment to make hard cash. Yeah let's what happen next.

Here you go, please comment and like if you guys like this idea.

Thanks Cheers.

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