BABA - ready for a rise

1 août 2022As RSI indicator is close to 30, we can expect that the price will decrease a little bit more to reach the support level , then we expect a trend reversal , so we suggest to take a long position.
Entry: when the price retest the support level;
Target: at the resistance level;
Stop loss: as in the chart (6,22%).

7 oct. 2022

Trade fermée: ordre d’arrêt atteint

stop loss hit