TradingView
SabahEquityResearch
Oct 22, 2021 4:41 PM

Has the price reached a floor? Long

Alibaba Group Holding LimitedNYSE

Description

The simple answer is we dont know yet, however if u put this chart into the context of legendary Nelson Elliot methodology, it is pointing into a reversal soon. either from current prices or in worst case scenario we can go to $100 per share before making a reversal. overall this stock looks over discounted given its huge potential.


Trade Responsibly

Order cancelled

we are going down more, the closet support is 120 and 110
More