Alibaba - Another textbook swingtrade!
By:TradingView
🚀Alibaba (BABA) creates another break and retest:
🔎Analysis summary:
📝Levels to watch:
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
🔎Analysis summary:
Just a couple of months ago, Alibaba retested a major horizontal resistance. And with the recent expected rejection of about -30%, Alibaba is creating another bullish break and retest. Give it some time but Alibaba looks like it is about to start another bullrun.
📝Levels to watch:
$130
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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