averqueshow

False breakouts and RSI

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
BABA makes me think about a false breakout to bounce to the top resistance at the middle of the channel.
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.