BABA daily and hourly charts
Got my eye on this 79.5-80 support zone. In March we had a decent bounce up to 105 area off of this level. Today we tapped that 80 zone again for a small bounce. I'd like a retest of this area to open up a swing position long with a tight stop under 79. Looking for a remount and close over the daily 9EMA at 83.61 to confirm some buyers back in the stock. Otherwise, this 79.5 could be a nice flat bottom break level to take it down further.
Got my eye on this 79.5-80 support zone. In March we had a decent bounce up to 105 area off of this level. Today we tapped that 80 zone again for a small bounce. I'd like a retest of this area to open up a swing position long with a tight stop under 79. Looking for a remount and close over the daily 9EMA at 83.61 to confirm some buyers back in the stock. Otherwise, this 79.5 could be a nice flat bottom break level to take it down further.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.