BABA is way down near it's All-Time low of $57. Weekly Stochastic RSI is in oversold. Seems to have clear horizontal targets to test on the way back up at $85 and $120. Will the 57 mark hold as support or will it ping lower to around $45. It's going to bounce somewhere and when it does it's bound to be a biggie...
Comment:
Got the timeframe wrong but looks like those key levels at 120 and 85 held up pretty well, taking this one as a win =).