This video depicts a pure technical summary of Alibaba on multiple different time frames.
We will follow this video up with a fundamental view.
Using previous cycles we believe Alibaba is poised for a 12-24 month explosive move.
Baba looks o be entering the explosive stage 2 formation.
Breaking out and defending monthly chart support...Baba looks great on all time frames.
Many bullish patterns are triggering....Weekly bull flags / inverse head and shoulders.
The minimum upside target if the bullflag completes is around 160 - 165.
We have been long Baba since early July when it kissed the daily 200 MA.
We will follow this video up with a fundamental view.
Using previous cycles we believe Alibaba is poised for a 12-24 month explosive move.
Baba looks o be entering the explosive stage 2 formation.
Breaking out and defending monthly chart support...Baba looks great on all time frames.
Many bullish patterns are triggering....Weekly bull flags / inverse head and shoulders.
The minimum upside target if the bullflag completes is around 160 - 165.
We have been long Baba since early July when it kissed the daily 200 MA.
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.
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.