Looking at BABA, it has definitely shown an oscillation with support at the $170 level for the past months (up to November 2017).
Resistance is coming from the last two highs, with expected resistance at $195 at point 5.
RSI is near the oversold level, currently at 36, crossing under to 28 April 3.
ADX shows the trend is near it's peak at 40, a crossover with DMI possible quite soon.
Stochastic RSI is also suggesting it is oversold, and is ready for a move upward, though it recently did a fakeout.
Lastly, MACD histogram is showing some convergence and may be suggesting there is a price reversal imminent.
Resistance is coming from the last two highs, with expected resistance at $195 at point 5.
RSI is near the oversold level, currently at 36, crossing under to 28 April 3.
ADX shows the trend is near it's peak at 40, a crossover with DMI possible quite soon.
Stochastic RSI is also suggesting it is oversold, and is ready for a move upward, though it recently did a fakeout.
Lastly, MACD histogram is showing some convergence and may be suggesting there is a price reversal imminent.
註釋
Looks like target was hit. Yay!
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。