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Alibaba Group Holdings Ltd.
Short
Updated
Jan 22, 2021
Possible short-term correction to $247.5
2
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Jan 22, 2021
Confluence of fib. 0.618 and the 200EMA in 1h timeframe. MACD bearish.
Jan 22, 2021
Note
Closing above $259 will invalidate this idea
Feb 3, 2021
Trade closed: stop reached
Stop reached and Ant’s IPO coming this year so this is very bullish IMO.
Good luck and trade safe!
HumanBias
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200ema-pullback
Chart Patterns
Fibonacci Retracement
Technical Indicators
Trend Analysis
HumanBias
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Related publications
Price target $275
by HumanBias
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