BABA : Weekly Update
The weekly level at 81.10 did its job.
Price action still negative with a double top at about $121.5 which works as resistance.
Possible higher low at 81.10 that must be confirmed
The price starts to trade above the EMA 21w.
Price action still negative with a double top at about $121.5 which works as resistance.
Possible higher low at 81.10 that must be confirmed
The price starts to trade above the EMA 21w.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.