I wrote: “The interesting aspect of the downside reversal is that the intraday high smacked into key resistance at the June-Aug resistance line AND the horizontal 200 DMA, both in the vicinity of ...
On August 22, when Alibaba Group Holdings Ltd (NYSE:BABA) reported strong earnings, I noted to members that "lousy technical price action" saw the initial 4% gain in reaction to the news give way to a ...