Hey Traders,
As evident on the Weekly Chart of Alibaba (BABA), the Fibonacci Retracement looks like it matches up almost perfectly! Next, the Weekly RSI has something very interesting.. A descending resistance line is clearly present and if we are to break it, BABA would have a rebound to the golden pocket. The target is at .618-.65 ($238-$246) so set TP's/ Sell Orders there.
Safe Trading,
-Pulkanator
As evident on the Weekly Chart of Alibaba (BABA), the Fibonacci Retracement looks like it matches up almost perfectly! Next, the Weekly RSI has something very interesting.. A descending resistance line is clearly present and if we are to break it, BABA would have a rebound to the golden pocket. The target is at .618-.65 ($238-$246) so set TP's/ Sell Orders there.
Safe Trading,
-Pulkanator
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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。