Alibaba move into a very long downtrend
Very probably it will reverse soon
At the end of the channel an inverted Head & shoulder is forming right now
Check neckline breakout at 78$ and most importantly a close above purple trendline as a final confirmation of the new uptrend
Very probably it will reverse soon
At the end of the channel an inverted Head & shoulder is forming right now
Check neckline breakout at 78$ and most importantly a close above purple trendline as a final confirmation of the new uptrend
Comment:
Comment:
Price broken down green channelup on USA and Honk Kong closing every possibility for a recovery on these days
Comment:
Honk Kong market
A symmetrical compression is going on...
I think it will break the long channeldown
When the new bullish trend starts it will be powerfull!
A symmetrical compression is going on...
I think it will break the long channeldown
When the new bullish trend starts it will be powerfull!
Comment:
Honk Kong... bottom triagle breakout
Maybe price will go down again to 65 forming a double bottom
Maybe price will go down again to 65 forming a double bottom
Comment:
Breakout in Honk kong tonight, price get out of long channeldown
Probably will happen the same in US today
Probably will happen the same in US today
Price moved inside ascending channel and bounced on border