Alibaba - A remarkable reversal!

2 853
🛒Alibaba (BABA) reversed exactly here:
スナップショット

🔎Analysis summary:
Recently Alibaba has perfectly been respecting market structure. With the current bullish break and retest playing out, there is a very high chance that Alibaba will rally at least another +20%. But all of this chart behaviour just looks like we will witness a major bottom formation soon.

📝Levels to watch:
$110, $135

🙏🏻#LONGTERMVISION
Philip - Swing Trader
トレード稼働中
🛒Alibaba (BABA) nicely plays out:
スナップショット

🔎Analysis summary:
After nicely rejecting the previous major horizontal level, Alibaba is now simply heading higher. This turns out to be a textbook bullish break and retest within the underlying uptrend. Alibaba could still reverse though so risk management remains super important.

📝Levels to watch:
$135

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
トレード終了: 利益確定目標に到達
🛒Alibaba (BABA) perfectly follows structure:
スナップショット

🔎Analysis summary:
Alibaba just closed the month of July with a nice bullish reversal candle, perfectly respecting support. Alibaba is still just following its bullish break and retest and after sufficient bullish confirmation, Alibaba created a bottom and will head much higher.

📝Levels to watch:
$135

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

免責事項

これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。