BABA sitting on global support with bearish sentiment Long

Alibaba Group Holding LimitedNYSE

Description

⋅ Sep 8, 2021 7:58 PM

Baba is currently sitting on global 0.618 fibonacci golden pocket and anchored VWAP from the start of its trading. This combined with overall bearish sentiment for the chinese stock, gives me reason to believe we will form a bottom here.

Support and Resistance Fibonacci

Comments

savemoney2020

⋅ Sep 8, 2021 8:33 PM

Whatever you smoking put me on

TORNADOF5

⋅ Sep 9, 2021 8:16 PM

@savemoney2020, ahahaha