UnknownUnicorn5323213

BABA before Earnings

NYSE:BABA   Alibaba Group Holdings Ltd.
Analysis per request: Greater likelihood to further correct towards 150 (and lower) in the months ahead. No clear upward signal at the moment other than a possible retest around 170.

(chart self-explanatory, lines and connections have been averaged on step-line over linear)
Comment:
Upward retest corrected towards 176'ish (and reversal), bearish sentiment still valid.
Comment:
Upward retest to continue towards 180'ish, still bearish (until clear bull-signal)
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