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Apr 10, 2024 9:42 AM

BABA: Reversal coud be started Long

Alibaba Group Holding LimitedNYSE

Description

MARKETS BADGER AI finds a BUYING opportunity

Holding Period: 5-10 days

Major Trend: Bearish

Chart Time Frame:H4

Trade Type: Reversal - Dip Buying

Price Target: $78 $85 $91

Status: Active

Entry: $ 75

Technical Indicators : Cycle Sniper H4 Buy & Extreme Value Sniper H4 D1 Bull Div & Triggerlines Bullish Breakout Confirmation

BABA reversal is likely starting. 78$ is the minor resistance on the smaller chart timeframes. Cloisng above the resistance will trigger the bullish reversal. Targets mentioned on the chart.


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