BABA bucking the downtrend, up from here
BABA finally broke the longterm down trendline, directly at a point of major resistance from 2016.
Multiple other signals including an increase in volume as shorts begin to close, and a solid cross over the 20ma and a successful retest confirm this trade.
Multiple other signals including an increase in volume as shorts begin to close, and a solid cross over the 20ma and a successful retest confirm this trade.
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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.