It broke above that golden fib zone between 61.8% and 38.2%. When this happens, stocks tend to go much higher and test previous 1y high. In my opinion $140 coming very fast
Made this chart simples as I could, so everyone could understand. Few thing happened that are extremely bullish. First, price is above 200 moving average. Second, 20 EMA crossed 40 EMA after 6 months(last time this happened Alibaba went from $66 to $120 in weeks) 3. It formed bullish divergence on RSI. I marked all the details. Pls this is not any financial...
It has been a really rough year for Alibaba. It was straggling to get out of that 12 months downtrend. It is finally out of downtrend. There is a small resistance around $90 zone, once we break that, $103 will come so fast. I tried to make the chart so simple so everyone can understand. You are welcome to argue but pls be respectful. Enjoy
ALIBABA downtrend finally broken. Alibaba managed to break above that huge wall that we had around $75. Now we China ease and decent earnings, i can see Alibaba shot up to $103 area in a short time. Made this chart as simple as I can for other to understand. All disagreements are welcomed :)
Alibaba downtrend finally broken. After 19 months( yes 19 MONTHS) Alibaba finally managed to break that downtrend. Pay attention to yellow line. I expect to test $140 very soon. Good luck
Alibaba downtrend finally broken. After 19 months( yes 19 MONTHS) Alibaba finally managed to break that downtrend. Pay attention to yellow line. I expect to see $140 very soon.
Tesla is well above 50 and 200 MA. Last time it was above 50 and 200 was in early January. If Tesla breaks $1000 resistance, it will fly much higher. I personally see a small pull back before breaking that $1000 wall.
Tesla finally broke above 200 and 50 moving average. Last time Tesla was above 200/50 MA was on January 12nd. This could be a very positive sign for Tesla . This is not a financial advice, just trying to point out some technical on Tesla . Hope you like the chart. Thank you.
Tesla finally broke above 200 and 50 moving average. Last time Tesla was above 200/50 MA was on January 22nd. This could be a very positive sign for Tesla. This is not a financial advice, just trying to point out some technical on Tesla. Hope you like the chart. Thank you.
Tesla finally above 200 and 50 MA. Last time Tesla was above 50 and 200 MA was on January 22nd. This is extremely a good sign for Tesla. This is not a financial advice, just point out some technicals. Thank you
