letsgetit
Long

NYSE:BABA: Let's see where it ends up

NYSE:BABA   ALIBABA GROUP HOLDING LTD SPON ADS EACH REP ONE ORD SHS
Hi All,

Hope all your trades are going well.
Posting this chart because I see buying oppotunity for NYSE:BABA
Entry NYSE:BABA: Exponential Moving Average (200) 122.09
The current RSI is showing close to being oversold, and starting to create a falling wedge
Shortterm I expect the price to pullback, in a bearish breakdown
There is a possibility that BABA has bullish reversal
however, I will be patient for the trade to come to me instead of chasing it
Please let me know what you think because this could go the complete opposite of what the chart shows
Objectively still bullish on NYSE:BABA

Be sure to follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People....
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out