Ali Baba is plotting bullish price action
BABA is worth monitoring, it formed a Cup and handle setup (not perfect) and is about to breakout and no signs of negative divergence with RSI, watch out for daily close above neck line at 300$ to target 334$Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
Note
This trade had no stop, it is advisable to close any open position if the stock daily closed below 264.5$Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.