BABA counter rallye

BABA should be on the way completing wave c.
trendanalysis from rsi - buy.
st long with target about $ 140

הערה:

weak...to weak for a c wave..
so alternativ look: we have to exp. new lows IF the markt will not show us a nice performance the next 2 trading days..
SL $117 ( ca. ) for any bullish outlokk.

הערה:

flat.
only watching....