BABA has displayed a bump and run, a diamond bottom and a triple bottom all while maintaining its current uptrend, this diamond bottom has led to bullish continuation of the uptrend. Further upsides expected as it pushes through the trend area.
I see this going to 474 with a possible sell down to 440 at lowest (.25 ma on total trend) before trying to find good support.
Then i want to see how it tests at 490 (low of old trend) and the 505 resistance line above. If it can beat these, which i believe it can, i am looking for 587 dropping to 543 up to 622-633 dropping to 587 then a rush up to738. Its...
Sorry about the last chart. I am new at publishing my ideas. the last one had rsi and macd, which i dont even look at any more and it took up so much space. Ontop of that, it only showed the last month of data. My intent, is for this one to show the bigger picture i See, so you can zoom in to see smaller things.
Ok, so the basic idea is that the yellow lines are...
