BABA recently hit a massive support zone and is approaching the downtrend again.
With this downtrend we might see another entry at the support zone for the breakout (blue). We can also see a break of the downtrend at this level (green) Or a break of the support level at 140. (red).
A Long at the 140 Level if the opportunity presents itself again is the best move in my opinion.
With this downtrend we might see another entry at the support zone for the breakout (blue). We can also see a break of the downtrend at this level (green) Or a break of the support level at 140. (red).
A Long at the 140 Level if the opportunity presents itself again is the best move in my opinion.