benedekdomotor

Are we late to the party?!

NYSE:BABA   Alibaba Group Holdings Ltd.
Short answer: NO.
Daily chart looks extremely bullish: Good looking RSI, MACD, triangle pattern etc.
However there are 2 important things I have to mention. The market is overextended, and BABA is overbought on lower timeframes.
It might be helpful to wait for a pullback.
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