Askhat_Kulchiyev

BABA Weekly Support Fib 0.618

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
1. Testing weekly support at 0.618 retracement at lower level of volume,

2. 20% potential retesting of the trend line before we dip further or break the falling wedge.

3. Volume is increasing.

4. RSI at circa. 30

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.