Yet another big winner, this one from just over one week and now ago gapping up on the Open +14% on earnings. BABA Notice how a simple EW count in conjunction with the Fibonacci extension tool was able to guide the initiation of this trade and even help with the selection of an out-of-the-money call to more than triple our money in just over a week. They all are not going to be this easy, but as we have seen over the past years, enough of them are to more than make up for the occasional stinker. Note: new trailing stop level @ +122.76%
