Seeing as recent IPO’s are the hottest names today, it is only fitting that BABA finally wakes up this afternoon to break its 30-minute range to the upside.
Jack Ma is hoping his favorite eponymous movie character may have had it right when he said, “I. Was. Running!”
See you after the bell for my video market recap.
Chess, a technical question for you since you seem to be expert in candle analysis.
Do the bottom three candles in CNHI indicate a Morning Star or does the formation need to be more pronounced?
I like this for ag equip over U.S. makers with strong dollar and potential QE in EU and China. This one and the Asian ag equips (KMTUY/KUBTY) should out perform DE, etal.
CNHI looking like a “bullish kicker” variation too. Morning star potential is there. Good eye. Keep stop below today’s low.
Thanks … Grabbed a starter position. Easy to manage as RC likes to say.