NYSE:BABA   ALIBABA GROUP HOLDING LTD AMERICAN DEPOSITARY SHARES EACH REPRESENTING ONE ORDINARY SHARE
86 0 0
BABA has surged really nicely after several months of downtrend bouncing from the low of ~$57 to inside the current Bearish OB             . This OB             is inside the OTE             Short zone of this last downward leg.
Given the overall trend is still down, we can assume this up leg is a short squeeze and will pullback soon to test support.
To support the idea, we also have an ongoing daily bearish divergence on the macd histogram.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out