BABA LONG
BABA recently a series of bad news that make the share price of ALIBABA drastically.
From technical point of view, the share price drop & tested the lows of 6/2020 and in $213 area shows a significant level of support for trnedline and S&D traders.
After 2 weeks of consolidation in the demand area, today i started showing buyer power to push the price.
My view is to long BABA and take the swing to wait the share price back to previous high.
From technical point of view, the share price drop & tested the lows of 6/2020 and in $213 area shows a significant level of support for trnedline and S&D traders.
After 2 weeks of consolidation in the demand area, today i started showing buyer power to push the price.
My view is to long BABA and take the swing to wait the share price back to previous high.
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