In the weekly charts, you clearly see BABA broke its Bullish trend line after 297 weeks and finished the pullback, and continues its way to the south.
I believe it will see 150 and 130 if it closes below 170.
if you are eager to buy the dips be careful, and wait for coming dips, do not jump the gun until a clear reversal pttern.
Most Chinese stocks build strong bearish trends..!
I believe it will see 150 and 130 if it closes below 170.
if you are eager to buy the dips be careful, and wait for coming dips, do not jump the gun until a clear reversal pttern.
Most Chinese stocks build strong bearish trends..!
Trade fechado: objetivo atingido
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Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.