BABA - MIDTERM BULLUSH - RETEST RESISTANCE AHEAD OF EARNINGS
1) Stochastic Overbought at the moment, bulls are taking profit at this zone after hitting resistance level of 85.
2) Expecting some easing in the next few days before a retest of resistance
3) Mid-term bullish and looking out for major break above resistance level of 85.
2) Expecting some easing in the next few days before a retest of resistance
3) Mid-term bullish and looking out for major break above resistance level of 85.