Although the trendline is downward sloping, the Golden Cross, the bullish MACD and the RSI on the rise may be signs of a temporary bullish reversal. A long position for when the price breaks breaks above the trendline and retests at the support is recommendable.
I just can't believe how low BABA dropped, it's incomprehensible.
vf_investment
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@cyberluck, yes, but it is a buying opportunity for a long-term too
UnknownUnicorn15614419
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very lovely and in depth analysis
Solldy
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Keep it up! After the latest asset movements, this scenario is more appropriate than ever. I wonder if you use leading indicators to confirm your ideas?