PeetSerfontein
Long

BABA: Alibaba Group Holding: Seeing signs of a bullish bias

NYSE:BABA   Alibaba Group Holdings Ltd.
112 views
2
112 0
Investing idea.
Improving proprietary bullish scoring over the last couple of days. Overall trend indication switched to moderate bullish .
A conflux of technical indicators supporting a bullish bias:
Crossing above its 8-week simple moving average .
Crossing above its 21-week simple moving average .
MACD bullish crossover.
Crossing above its MACD zero line.
Crossing above its 8-period linear trend line . Indication of internal strength developing within the share.
The increasing trajectory of OBV (on-balance volume ) supports a bullish trend direction.
Time to exit: +/- 4 November 2019
Trade closed: stop reached
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out