Hello Friends,
As shown in my chart, Alibaba is poised to be a great investment. Making higher lows and following the trend line in a down trend, what is needed now is to find a great entry and let this stock rip.
I believe breaking the 20 Day Moving Average, breaking the trend line and breaking the previous higher lows are all great signals to enter a buy position. But, ensuring the price stays above these levels are very important, so please be careful on your trades.
For my Long Term Investors, prices are at a great price so Buy & Hold.
Disclaimer: These are my personal opinions open for discussions. This is not financial advise.
Thank you.
As shown in my chart, Alibaba is poised to be a great investment. Making higher lows and following the trend line in a down trend, what is needed now is to find a great entry and let this stock rip.
I believe breaking the 20 Day Moving Average, breaking the trend line and breaking the previous higher lows are all great signals to enter a buy position. But, ensuring the price stays above these levels are very important, so please be careful on your trades.
For my Long Term Investors, prices are at a great price so Buy & Hold.
Disclaimer: These are my personal opinions open for discussions. This is not financial advise.
Thank you.
ノート
Please do not enter a trade on this information until the 3 confirmations I mentioned above tells us to do so. Patience is Key here guys and if you buy before the confirmations you will lose your hard earn money. I will update as I make a trade or see a good entry.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。