Alibaba Reversal Long

Alibaba Group Holding LimitedNYSE

Description

⋅ Oct 16, 2018 7:19 PM

I am looking for a reversal on the weekly timeframe. I believe Alibaba is undervalued at this time, so I am looking for support to hold at this level.
RSI is very low right now and usually at these levels, it is oversold.

Trend Analysis oversold