BABA analysis + PRICE LEVELS Short

Alibaba Group Holding LimitedNYSE

Description

⋅ Feb 8, 2021 4:45 PM

BABA is still under resistance $269. Wait for the triangle BREAKTHROUGH and SELL—TP around $246.

If we go higher, BUY above $270 with a retest.

LEVELS BUY:

$244
$227
$217 STRONG BUY

Comments

CircleGang

⋅ Feb 9, 2021 12:46 PM

@vendittojacob, second bull flag got broken, earnings were top, 200 EMA is in a uptrend. Fundamentally and Technically its a buy.

vendittojacob

⋅ Feb 8, 2021 5:12 PM

So what do you think the max price of the breakthrough will be around before the dip?

vendittojacob

⋅ Feb 8, 2021 5:48 PM

@vendittojacob, wait nevermind I understand the chart now lol