Alibaba Group Holding Ltd.

#BABA Alibaba peaking its head under the previous weekly low

508
Alibaba has peaked its head under the 2018 weekly swing low which is concerning. However on the positive, there does seem to be some degree of bullish divergence with the RSI not making a new low.. so there is potential for a bounce, but bulls will really want the weekly candle to close back above $130 to have some sort of comfort.

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.