UPDATE 1230 CST: Moving down after breaking a larger cycle low midday today. Profits can be taken at risk, which is 99 dollar area, so 1.5% risk can be taken off and the stop can be put somewhere above the open if swinging this; if not swinging, its probable that it continues moving lower allowing a BE stop.
Trade Alert: $BABA
UPDATE 1230 CST: Moving down after breaking a larger cycle low midday today. Profits can be taken at risk, which is 99 dollar area, so 1.5% risk can be taken off and the stop can be put somewhere above the open if swinging this; if not swinging, its probable that it continues moving lower allowing a BE stop.
UPDATE 900 CST: be aware American tech stocks are leading the charge lower today.