Fundamental analysis:
The suspension of anti-trust law by Chinese government and the suspension of ANT's IPO hit the price a lot.
Alibaba was China's proud and it still will be in the future. Gov. did this to control the financial risk, and lower down the overall financial leverage.
Technical analysis:
Weekly defend zone
60m broke the downward trendline, but the trade is a bit aggressive.
Traders can wait for higher high for a more confirmed long setup.
If you are fearful of missing the opportunity, you can take the trade.
The suspension of anti-trust law by Chinese government and the suspension of ANT's IPO hit the price a lot.
Alibaba was China's proud and it still will be in the future. Gov. did this to control the financial risk, and lower down the overall financial leverage.
Technical analysis:
Weekly defend zone
60m broke the downward trendline, but the trade is a bit aggressive.
Traders can wait for higher high for a more confirmed long setup.
If you are fearful of missing the opportunity, you can take the trade.
註釋
Price went up as expected. If you're in the trade, do remember to place stop order to protect your principle. As gaps happens a lot in the stock market, stop order won't give you the protection as the future does.註釋
price continues to head for the previous gap zone. I expect sell pressure coming soon. So if you're in the trade, unload some position might be wise!註釋
Price is coming to our target 279交易結束：目標達成
plan your trade and trade your plan
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plan your trade and trade your plan
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。