cantestogo

BABA - ALIBABA POSSIBLE UPTREND CONTINUATION

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
Alibaba has broken the last monthly-weekly downtrend trendline and it seems at the beginning of a good uptrend. Every pullback looks like a buy setup if the rising trendline holds. Expected target on chart.

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.