PAZINI19

BABA: Two situations: Trading Range

NYSE:BABA   Alibaba Group Holdings Ltd.
On BABA we are in a trading range situation. Initially, if the resistance line is broken forcefully by a large green candle we would have a high probability of seeing the market go higher. Secondly, if it is the support line which is broken forcefully by a large red candle it goes without saying that we would have a high probability of seeing the market go down.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.