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yeopcp
Mar 20, 2022 2:33 PM

$BABA looking for potential retracement Short

Alibaba Group Holding LimitedNYSE

Description

Baba just bounced off all time low as all other China based tech companies did and most tech stocks did. Looking for it to pass the 50EMA, and then the 70EMA. If it does, it might test the 100EMA again. BABA has not been able to close above the 100EMA since it started it downtrend from Oct 2021 last year. Let's see if that stays true once more. Potential for a short here.
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