BABA

5 oct. 2021

With monthly - weekly - daily momentum all in oversold territory, BABA is currently sitting just above a crucial support on the weekly chart.

I will be expecting a bounce and spending some time in the highlighted area for a while..

I'm on the long side as it has more probability in my point of view and last weeks close was a gravestone doji. I think we are finding the bottom finally to neutralize the trend.

Peace..

13 oct. 2021

Note

going for a relief bounce here immediately. I wasnt expecting to get out of the area that fast :) oh well its all good that was a good bottom call

20 oct. 2021

Note

it will enter the range trade for now, hit the resistance and now time to build a range

21 oct. 2021

Note

daily candles showing consolidation for the time being

https://www.tradingview.com/x/Cdop7tCB/

29 nov. 2021

Note

consolidation after that on neck top pattern, and no sign of strength so far

18 déc. 2021

Note

new resist $127 with target of $140 if it breaks