[malaguti]

I would love your opinion with BABA.  It looks like that it is still on Stage 2 but due to the news of the virus in China, it is going down.  From your past experience, would it be still a buy, would you wait a little bit more before you buy or sell it?

Its still in stage2 Alphatec, yes its pulling back and if anything is looking to retest the previous breakout of all time highs at 210
i wouldnt buy until its done retracing and broken its new all time high of 230 and it seems very early to think of selling. you could use the trader approach and manage your stop using the 10period MA if you were oncerned (and in it already)
this weeks activity does seem to have negated the last 3weeks of positive activity so it does look as though it has further to go. but i still think its a little early. this week has seen a lot of profit taking in the broader market but seems to have recovered

if you go down a timeframe, the daily is stage 3, so we could look at this in a few days to see where it still is..rather exit on a proper signal

Hi Alphatec, i wanted to follow up on this as BABA has dropped today. It has gapped down and is approx 3.5% lower than yesterday
going back to stage analysis, its still in stage 2. however, the low of today is just about where the trader approach (using 10 wk ma) would have placed its stop. 
It has also gapped down now to within its support area, I've highlighted on the chart.
Support could give, and could likely fall further to the 30week MA, support could hold and likely find resistance up ahead
should the low of 198 be taken out, you have 2 good reasons to get out. However hopefully it finds support and makes a rally. 

I'm still in my stock which has dropped 2% today..pain in the butt I know. however keep calm, we have to take losses and its about time for the market to be dropping. Just thought i'd give an update, if you are in it, im sure you're feeling pretty rattled. good luck