BABA broke its down trend last week, was great for some long plays.
Recent headlines about Twain and Trump could have some effect.
277.55 is our current resistance, above that we need to break 280 and should be clear to 286.
Again headlines and the tensions with the US and China have devastating affects on this stock.
Hopefully we get the push and find new support at the .618 retracement in the 286 area. Long as the headlines dont have any negative effect Monday we should continue up. We are still in a uncertain area in my opinion and wouldnt be a set it and forget it play yet.
293.81 38.2% Retracement From 4 Week High
293.81 38.2% Retracement From 13 Week High
293.71 14-3 Day Raw Stochastic at 80%
291.47 Price Crosses 40 Day Moving Average
288.57 14-3 Day Raw Stochastic at 70%
285.93 50% Retracement From 4 Week High/Low
285.93 50% Retracement From 13 Week High/Low
280.39 14 Day RSI at 50%
279.21 Price Crosses 18 Day Moving Average
Pivot Point 2nd Level Resistance 278.81
278.27 14-3 Day Raw Stochastic at 50%
278.06 38.2% Retracement From 4 Week Low
278.06 38.2% Retracement From 13 Week Low
276.01 Price Crosses 40 Day Moving Average Stalls
Pivot Point 1st Resistance Point 274.77
272.92 3-10 Day MACD Oscillator Stalls
High 272.37 High
Last 270.74 Last
268.34 Pivot Point
267.99 14-3 Day Raw Stochastic at 30%
266.54 Price Crosses 18 Day Moving Average Stalls
Pivot Point 1st Support Point 264.30
262.84 14-3 Day Raw Stochastic at 20%
262.26 38.2% Retracement From 52 Week High
Low 261.90 Low
261.55 Price Crosses 9 Day Moving Average
Previous Close 259.89 Previous Close
Pivot Point 2nd Support Point 257.87
1-Month Low 252.55
13-Week Low 252.55
247.97 14 Day %d Stochastic Stalls
244.64 50% Retracement From 52 Week High/Low
243.64 14 Day %k Stochastic Stalls
241.40 3-10-16 Day MACD Moving Average Stalls
14 Day RSI at 30% 232.43
227.01 38.2% Retracement From 52 Week Low
14 Day RSI at 20% 172.47
52-Week Low 169.95
Recent headlines about Twain and Trump could have some effect.
277.55 is our current resistance, above that we need to break 280 and should be clear to 286.
Again headlines and the tensions with the US and China have devastating affects on this stock.
Hopefully we get the push and find new support at the .618 retracement in the 286 area. Long as the headlines dont have any negative effect Monday we should continue up. We are still in a uncertain area in my opinion and wouldnt be a set it and forget it play yet.
293.81 38.2% Retracement From 4 Week High
293.81 38.2% Retracement From 13 Week High
293.71 14-3 Day Raw Stochastic at 80%
291.47 Price Crosses 40 Day Moving Average
288.57 14-3 Day Raw Stochastic at 70%
285.93 50% Retracement From 4 Week High/Low
285.93 50% Retracement From 13 Week High/Low
280.39 14 Day RSI at 50%
279.21 Price Crosses 18 Day Moving Average
Pivot Point 2nd Level Resistance 278.81
278.27 14-3 Day Raw Stochastic at 50%
278.06 38.2% Retracement From 4 Week Low
278.06 38.2% Retracement From 13 Week Low
276.01 Price Crosses 40 Day Moving Average Stalls
Pivot Point 1st Resistance Point 274.77
272.92 3-10 Day MACD Oscillator Stalls
High 272.37 High
Last 270.74 Last
268.34 Pivot Point
267.99 14-3 Day Raw Stochastic at 30%
266.54 Price Crosses 18 Day Moving Average Stalls
Pivot Point 1st Support Point 264.30
262.84 14-3 Day Raw Stochastic at 20%
262.26 38.2% Retracement From 52 Week High
Low 261.90 Low
261.55 Price Crosses 9 Day Moving Average
Previous Close 259.89 Previous Close
Pivot Point 2nd Support Point 257.87
1-Month Low 252.55
13-Week Low 252.55
247.97 14 Day %d Stochastic Stalls
244.64 50% Retracement From 52 Week High/Low
243.64 14 Day %k Stochastic Stalls
241.40 3-10-16 Day MACD Moving Average Stalls
14 Day RSI at 30% 232.43
227.01 38.2% Retracement From 52 Week Low
14 Day RSI at 20% 172.47
52-Week Low 169.95