Well it looks like the runaway gap that formed back in July last year is finally going to be filled. With all the downward momentum, as indicated by the MACD and Stoch RSI, that gap is acting as sort of a magnet just pulling the price down. The CMF also indicates that there is a lot of sell pressure so lower lows for 
BABA should be expected.
The tech industry as a whole is hurting right now and that can be seen across all markets so trade with caution.
BABA should be expected.The tech industry as a whole is hurting right now and that can be seen across all markets so trade with caution.
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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.