01/05/2015 – AliBaba group

AliBaba group, BABA:

1. In our Dec. 30, 2014 Williams edge stock meeting it was noted that AliBaba group (then trading at approximately $105.96) was expected to decline to $104/$03 (or lower) and that new short entry was indicated.

2. During the holidays AliBaba group declined to $103.00 and today broke lower taking a session low of $99.90 completing the trade. Will message any further entry or indication in AliBaba group.

David Williams