Alibaba - Another Tech Giant in 2020s
Laziness is for the weak !!!🤣 Although I don't have some great ideas to code indicators or strategies today (actually I got plenty under my belt) , I must share with you this simple chart I have come across with. 😘
Alibaba - a household stock almost every trader has traded on , debuted in Hong Kong last year, which stimulated its share price significantly. And I just found a great pattern with it - inverse head-and-shoulder pattern.👍
The recent selloff due to the issues with Soft Bank just stopped at its left shoulder ($187) and regained its strength again. I will put my target at $ 225-227 , and keep some for breakout after buyers realize it is an inverse H&S.
Just a short update for today. Happy trading. Don't forget Likes and shares!!! 👈
Alibaba - a household stock almost every trader has traded on , debuted in Hong Kong last year, which stimulated its share price significantly. And I just found a great pattern with it - inverse head-and-shoulder pattern.👍
The recent selloff due to the issues with Soft Bank just stopped at its left shoulder ($187) and regained its strength again. I will put my target at $ 225-227 , and keep some for breakout after buyers realize it is an inverse H&S.
Just a short update for today. Happy trading. Don't forget Likes and shares!!! 👈
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.