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Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

Alibaba Group Holding  / Technical Analysis

<a href="https://www.smartkarma.com/entities/alibaba-group-holding-ltd" target="_blank" data-smartkarma-citation="entities:787:1" rel="noopener">Alibaba Group (BABA US)</a> is undergoing downside pressure stemming from bear divergence outlined in our November 11 insight that called for selling down exposure near 300-305 for a pressure test on 245 support with odds of breaking this pivotal level. Breaking 245 and the next key support at 230 amid an ugly downside gap places our focus on the 200 macro support.Bear divergence will weigh on a tactical rally attempt.Sustained action below 200 would be a negative to reach for secondary macro support (long zone)We have outlined a a long trade and a short at tactical resistance just above the gap area.

Alibaba Group (BABA US) is undergoing downside pressure stemming from bear divergence outlined in our November 11 insight that called for selling down exposure near 300-305 for a pressure test on 245 support with odds of breaking this pivotal level. Breaking 245 and the next key support at 230 amid an ugly downside gap places our focus on the 200 macro support.Bear divergence will weigh on a tactical rally attempt.Sustained action below 200 would be a negative to reach for secondary macro support (long zone)We have outlined a a long trade and a short at tactical resistance just above the gap area.

Alibaba Group Holding

BABA Macro Support in Sight