Southern Gaps need to be closed @ BABA
With printing lower highs on weekly chart - the trend is still bearish, and in this case Southern Gaps have good potential to be closed. With recent false breakout to the North on ultra-high volume looks like bull trap and need to slaughter weak buyers first. Also, Chinese stocks are overvalued compared to other markets and this will be a burden for Alibaba too.
Finally, I don't like that statement: "JACK MA: It's hard for the US to understand Alibaba"
Finally, I don't like that statement: "JACK MA: It's hard for the US to understand Alibaba"
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.