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balinor

Alibaba in HongKong break rejected

Short
ALIBABA GROUP HOLDING LTD (HKEX_DLY:9988)  
balinor Updated   
HKEX_DLY:9988   ALIBABA GROUP HOLDING LTD
Trend Analysis Support and Resistance Trend Lines
9
0
trendanalysis supportandresistance trendline
Volumes are five times greater than US and I think is useful to follow stock on HK market

Price cannot pass channeldown and long term trendline and this is a very bad signa
I think price will now drop to 64
Comment:
Tonight price che rejected again
Comment:
dropping -2% tonight
Comment:
Tonight breakout in HK failed again and today was the same in US
Comment:
This night Honk Kong close om the purple trendline
Today a breakout can happen on USA starting a new uptrend
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