I had 149.50 down for support. BABA had tested 149ish after the Open and during pre-market.
When it came back down from 151 it looked extended and I watched closely into the half dollar.
When I saw the bid hold I opened a starter with the break of half dollar as stop. Don't know why I just took so small size when I had planned to stop out below and not scale in...
The level held and I gave it a moment to play out. It pulled back again and looked like it would break the half dollar but did not make the lows.
My first target was .90 but I took it off too early as .75 showed resistance.
Of course it reached .90 to the cent.
It pulled back but I was hopiing for it to make a higher low and retest .55ish.
It did! I stuck with it and waited for VWAP to take off more. Perfect Exit!!!
Even hit the Decision-Candle for the final piece.
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