Stock Pick for Position Traders: $BABA
BABA is currently showing good price action as it forms higher highs and higher lows after its breakout from downward movement. Good bounce after a healthy pullback and currently sitting above MA20. Next resistance is at 186 level with a potential profit of around 16%.
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.
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.