BABA: 250 days of decline. Is it going to end?

Alibaba Group Holding LimitedNYSE

Description

⋅ Jul 6, 2021 3:46 AM

Stock is weak but the next few weeks could determine the fate of this ticker. If it doesn't up its game and break above the 230 resistance, the next stop could be 130.

See the chart for more info.

Comment

⋅ Jul 8, 2021 11:55 AM

Bearish is confirmed.

Trade closed: target reached

⋅ Oct 1, 2021 7:02 PM

Trend Analysis

Comments

JiaWeiLam

⋅ Jul 8, 2021 12:05 AM

hi, so BaBa broke your trend line, going to have a Bear 🐻 trend soon?

Realamh

⋅ Jul 8, 2021 1:12 AM

@JiaWeiLam, waiting for confirmation