With recent news surrounding Alibaba, I believe that a buying opportunity has presented itself.
With a double bottom bounce on the recent selloff we are looking to see a retracement back to $204 and then watch from there.
RSI indicates it is oversold.
MACD - first green bar (circled) indicated buyers might be coming back into play.
SMI - Flipped back and still in negative range.
Buy: Anything below $200
Stop loss: $197.75
With a double bottom bounce on the recent selloff we are looking to see a retracement back to $204 and then watch from there.
RSI indicates it is oversold.
MACD - first green bar (circled) indicated buyers might be coming back into play.
SMI - Flipped back and still in negative range.
Buy: Anything below $200
Stop loss: $197.75
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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。