BABA tested resistance at 160.08 (100% & 61.8% Fiboancci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) where price could fall to its support at 143.11 (61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is testing its resistance and a corresponding drop could occur.
Stochastic (55, 5, 3) is testing its resistance and a corresponding drop could occur.
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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.