BABA
USD/JPY : PRICE ACTION ON DAILY TIME FRAME + SHARK PATTERN 🔔Welcome back Traders, Investors and Community!
Analysis of #USDJPY
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Strategy: Price action + Bearish Shark pattern formation - We will be waiting for all the confirmations to enter in this trade.
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Walter
NFLXNFLX is up 61 AH after reporting 8.5 million net new subscribers in its fourth quarter vs 2.2M reported in previous quarter. Netflix tops 200 million subscribers for the first time.
If NFLX can pull back in the morning and backtest the 557 level that can be a good entry to go long. Or you can wait for NFLX to break its previous ATH of 575 to go long.
BABA Swing Trading Profit potential, swing trading NYSE:BABA
Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
We meet again #stocksBABA hurt me on that huge gap down but I am willing to take another shot here with a stop below 210. If this trendline break marks the bottom, the stock could head back to the 280 area. FXI has been strong and KWEB so the stock may have some tailwinds. Not sure about the Jack Ma situation but it might not matter.