Alibaba Group Holdings Ltd.Pembelian
BABA Going Higher!
Way oversold! On the 4hr chart, it's trapped in a falling wedge and will likely breakout to the upside. SSE Composite is finding a short term bottom and US markets also seem to be turning bullish for short term. BABA will have some support for a move higher.
Target 1: $71
Target 2: 50dma or $73.50 - $74 (whichever is closest resistance at the time)
Think there will be more pain before it changes its trend, but next 2-3 weeks should be heading higher!
Target 1: $71
Target 2: 50dma or $73.50 - $74 (whichever is closest resistance at the time)
Think there will be more pain before it changes its trend, but next 2-3 weeks should be heading higher!
Pernyataan Penyangkalan
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.