BABA strong break away gap on daily

Alibaba Group Holding LimitedNYSE

Description

⋅ Dec 24, 2020 4:23 PM

The strong breakaway gap from the descending triangle and 161.8% of the head and shoulder extension is indicative of a continuous bearish downside. Immediate support is at 200-190 region

Comments

Inandouthunter

⋅ Dec 27, 2020 6:11 PM

It's time to load some by stages!

Investroy

⋅ Dec 24, 2020 4:29 PM

Amazing bias, do you think the price will reach your target?

William-trading

⋅ Dec 25, 2020 10:27 AM

@Investroyllc, I believe it will. I think 2021 Feb