Looking at the monthly chart, it's quite impressive noticing how the instrument surgically reacted to the trend line. Considering the past, it's very probable BABA will react again on the monthly trend line, putting an end to its bearish moment. Let's see...
Shares of Alibaba Group Holding Ltd. fell Wednesday, as did the stocks of most other China-based digital platform companies, after the country’s market regulators drafted anti-monopoly guidelines targeting the group.
The negative effect of the guidelines on investor sentiment wasn’t limited to internet stocks, however, as fear of more government control led to a...
Entry: CIrca 23 or below
TP1: 30 dollari
TP2: 35 dollari
Oscillator is the graphic representation of COT's Large speculators. The white line is the ratio between long and short contracts. As you can see, white line is raising, which means large speculators are positioning theirself more with long contracts rather than short ones.
On the weekly chart, the GAS may have found a resistant bottom between 1.45 to 1.55. The price action, here, seems reluctant to continue its fall. We should consider that price is close to its historical minimum, which is 1.16, happened between the '91 and the '92. Despite past performance do not represent future happening ( clearly showed by WTI ), it's surely...
