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dorfmanmaster

Alibaba W-formation

Alibaba Group Holdings Ltd. (NYSE:BABA)  
dorfmanmaster  
NYSE:BABA   Alibaba Group Holdings Ltd.
Double Top or Bottom Head and Shoulders Trend Analysis alibaba KWEB BABA chinastocks chinatech AMZN onlineshopping wformation
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doubletoporbottom headandshoulders trendanalysis alibaba kweb baba chinastocks chinatech amzn onlineshopping wformation
Alibaba making an interesting W-formation.

Waiting for a break above the double top, or a retracement to the 20sma to go long.

OBV and RSI are supportive of the movement, with OBV trending higher than previous peaks, and RSI above 67.

Keeping on a watchlist.
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