Everyone is in shock of how BABA is collapsing these days. The selling volume seem to be maxed out for this drop as is evident in RSI. There is a high change of testing 12 MA around 170 in the following week. But the bear market is not over yet. After next week's dead-cat-bounce, BABA should keep dropping till it hits 130 in the upcoming months. From there, there could be another bounce or even a reversal fueled by their earnings.
Not
Spot on!İşlem kapandı: hedefe ulaştı
First target was almost reached. Let's see if we are going back inside the green box now or heading back to the red box.Not
Second target is very close. 3-5% to go!
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
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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.
Market Maven: Never Miss a Move.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
Disclaimer: This is not a financial advice and all posts are for educational purposes only.
İlgili yayınlar
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.