Get started
AidanMDang

$BABA | Bullish Descending Channel Breakout: Potential Reversal

Long
Alibaba Group Holdings Ltd. (NYSE:BABA)  
AidanMDang  
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Parallel Channel Flag
14
2
trendanalysis parallelchannel flagpattern
$BABA broke out of a descending channel. Watch for a breakout of horizontal structure as confirmation.

Targets $220, $225, $228

Extended Target $239

Related Ideas

AidanMDang
Ethereum [ETH/USDT] | Bullish Channel Breakout
AidanMDang
ChainLink [LINK/USDT] | Bullish Falling Wedge Breakout
AidanMDang
Bitcoin | [BTC/USDT] Bullish Falling Wedge & Double Bottom
AidanMDang
Nasdaq 100 [NQ] | Double Bottom
AidanMDang
$RACE | Inverse Head and Shoulders Retest
AidanMDang
$AAL | Double Bottom Retest & Bull Flag
AidanMDang
$OXY | Bull Flag Breakout: Watch For Upside Continuation
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.