Hi, everyone, As you can see in the chart, Alibaba's stock has formed a beautiful triangle pattern after a prolonged correction in both price and time. With the divergence observed on the MACD and RSI in the weekly chart, I believe that we can expect higher numbers in the near future. The first target is $121, and the second target is 131.can monitor the trade using the weekly time frame's RSI protection trend line. #baba #nasdaq #alibaba BABA
Disclaimer: This information or service is for informational purposes only and is not intended to be personal financial advice
Trading ditutup: target tercapai
Hello everyone, Baba has reached the target of 119. It was one of the main targets. I think there could be some resistance and correction around this level. The target has been closed. I still think it could be good in the long term, but for reached and the trade has been those who bought around 80, it's a good time to take profit.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.