BABA is now Uptrend and Bullish

2024年5月6日

Baba has been hovering sideway since DEC 2023
Last 2 weeks triggers 2 Slow Turtle Buy signals.

This time, the signal appears above EMAs which indicating Bullish.
20x50 EMA Golden Cross also detected indicating Uptrend (Notice that price structure starting to form Higher Low and Higher High).

MCDX Retailer is now 0% insignificant seller while Banker Spike crossing above lowest point of Retailer (Dec 2023) is a good sign of Bull Rally.

2024年5月18日

註釋

For the first time, BABA weekly retailer is now below 25%..
It is now bullish, strong bull and uptrend.

Support above 80