Alibaba swing trade
www.advisedtrader.com
It's possible for Alibaba to have a 20-week cycle peak right here. Its just now breaking below consolidation with a bunch of trapped buyers. It is best to wait for an hourly consolidation at the highs to hide the stop behind. However it may not allow this and the trade could leave without offering a better entry. It also has an 80-day cycle that is forming below price in the coming days.