TradingView
TradeGATEHub
Jul 1, 2019 8:25 AM

BABA reversed from resistance, potential drop! Short

Alibaba Group Holding LimitedNYSE

Description


BABA reversed off its resistance at 172.60 where it could potentially drop further to 164.70.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Comments
bottlemessenger
Wouldn't bet on it today with trade talks news over the weekend. Premarket is already at $174, above your 1st resistance.
bottlemessenger
So it finished 175.05 and was as high as 177.95. Hint: with China stocks at the moment, keep a pulse on what the news is before jumping in on technicals.
transparent-fx
hey your content is appreciated, thanks, hope you also like my video sessions.
More