TradingView
CoinFisherman
Dec 9, 2020 1:40 PM

ALIBABA CAN GO UP SHORT TERM  Long

Alibaba Group Holding LimitedNYSE

Description

We can see on 4h chart that we are close to 200 EMA, and this was solid support last couple of times. Also, RSI is in oversold zone and quiet. It looks like that is time for buying, at least for next 2 weeks for some swing trades. After Christmas I expect for most of the big names to calm down during the holidays.
More