farmtrader15

Potential Double Bottom on BABA!

Long
BATS:BABA   Alibaba Group Holdings Ltd.
Alibaba could have a double bottom formation soon. The stock is in oversold territory and the volume has reset immensely.

Michael Burry has been buying BABA in recent months as well. Worth checking this trade out.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.