The BABA chart has been perfectly forming a cup and handle pattern since the downturn in 2021.
Then BABA recently announced its AI Chips. This news event seems to have broken the stock out of its handle, indicating it will start a bull run.
BABA is a solid company with big plans and I believe it should have no problem reaching ATH's.
Thoughts?
Then BABA recently announced its AI Chips. This news event seems to have broken the stock out of its handle, indicating it will start a bull run.
BABA is a solid company with big plans and I believe it should have no problem reaching ATH's.
Thoughts?
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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.