Jakh_FX

BABA Puts

Short
Jakh_FX Updated   
BATS:BABA   Alibaba Group Holdings Ltd.
Expecting a strong rejection at $74-$75 supply area with the price retracing to $71.

The supply area proved hard to break out from on multiple occasions before.
Comment:
Demand zones $72.7 and $70.7 still remain active for the coming fall
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